On 17 March 2022, The South African Revenue Services published updated guides for employers in respect of fringes benefits and allowances that take into account the 2022 Budget Speech, as well as the Taxation Laws Amendment Act (No. 20 of 2021) in the case of fringe benefits.
Guide for Employers in respect of Fringe Benefits - The purpose of this guide is to assist employers in understanding their obligations relating to determining the cash equivalent of the value of a taxable fringe benef…