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Category: News

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Official Interest Rate Change

Please be advised that the “SARS Official Interest Rate” for calculating fringe benefits has decreased by 0.25%, effective since the 1st of August 2019. The “SARS Official Interest Rate” that must be used is 7.5% as of the 1st of August 2019. “Where a loan is…

2019 Employer Filing Season

SARS has recently announced that they will be migrating to a new server in April as part of their plan to upgrade their IT systems.  Due to the migration the Employer Filing Season will only open on 17 April 2019 and close on 31 May 2019. For…

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PayDay Visual – Employee Self Service

PayDay Visual is a whole new world of paperless technology that will help you streamline your Human Capital processes through a Simple, User-Friendly, Online, Employee Self Service System. Packed with a wide variety of ‘must have’ features, both employer and employee now have the convenience…

Keeping YOU informed – Cryptocurrencies

PayDay Software Systems strives to keep clients informed and up-to-date with new developments, latest system amendments and legislative changes. In this instance we would like to inform you of the following with regards to ‘Cryptocurrencies’ Cryptocurrencies are treated differently in some countries for example Bitcoin:…

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