30/04/2021
Craig Sacke here we go:
Guard deductions averages for the month:
UIF - 71,81
PSsPF - 360,38
PSiRA - 7
NBCPSS - 7
Affinity health - 150
Total deductions - R596,19
Above x 248 = R 147 855,12 officers contributions.
R 1 774 261,44 per year.
Company contribution R 135 455,12 per month R 1 625 461,44 per year
Supervisor averages
UIF - 117,00
PAYE - 794
PSsPF - 448,95
PSiRA - 7
NBCPSS - 7
Affinity health - 150
Total deductions - R 1 523,95 x 6 = R 9 143,70 per month - R 109 724,40 per year.
Company contributions per month - R 4 079,70 per month R 48 956,40 per year.
Total compliance ave per year for company: R 1 674 417,84
Bonuses R 1 191 640,00
Total normative benefits company contributions Per year R 2 866 057,84
Then we have so called big non compliant companies charging R 12 950,00 per month per officer whilst the direct cost of a guard is R 13 234,82 per month 🤔.
Interesting how these guys are overlooked yet we have to kak en betaal.
I assure you the guards can use the R 7 154,28 per year deducted a LOT better. Anyway this is my take went through our costings, budgets and normative costs to see how these guys turning R 100 000 000,00 charging R 12 950,00 get away
VAT 15%
Company tax 28%
Dividend tax 20%
PAYE on a decent salary 45%