Nov 12 2020In this article we will briefly discuss the ways in which an employee can be laid off namely retrenchment voluntary separation scheme VSS and mutual separation scheme mss Retrenchment Retrenchment occurs when a company discharges surplus labour or staff It can be done in six situations as shown in section 12 3 of the Employment Act … Read more
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Get PriceAll you need to know about severance pay on retirement in South Africa Retirement is the act of an individual ceasing to work Retrenchment on the other hand takes place when an employer halts the work of an employee which is due to no fault of the employee Interesting to note the dictionary fails to define and acknowledge the planning
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Get PriceAug 27 2021Severance pay According to the South African Revenue Service SARS the amount of tax you pay on your severance depends on the payout you receive and the number of times you ve been retrenched If your severance pay is less than R500 000 you ll not pay any tax
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Get PriceSeparation of powers is a political concept which postulates that government powers and functions should be shared between the organs of government the Executive Legislature and the judiciary In a more general sense Wikipedia defined Separation of powers as a model for the governance of a state
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