Taxation of retrenchment packages

by ...Labour Information, Wages and the LawPosted on No Comments

Taxation of retrenchment packages October 12, 2017 Business Retrenchment packages form part of gross income and are subject to Income Tax like all other incomes. DefinitionsA retrenchment package is a pay off by an employer to an employee who has been laid off due to restructuring, making the employee’s position redundant. It constitutes pecuniary payment or …

Read more “Taxation of retrenchment packages”

Unpacking termination of employment notice

by ...Labour Information, Wages and the LawPosted on No Comments

Unpacking termination of employment notice  0 September 24, 2017 2:03 AM Source: Unpacking termination of employment notice | Theindependent (Zimbabwe) Good labour law should encourage economic growth. This means the regulation of the labour market should be sensitive to economic growth. The question is how the labour market is supposed to be regulated in order to …

Read more “Unpacking termination of employment notice”

Employees have to submit to the employers’ control

by ...Labour Information, Wages and the LawPosted on No Comments

Employees have to submit to the employers’ control Chronicle 7 September 2017   Davies Ndumiso Sibanda WORKERS have found themselves on the wrong side of the law when they challenged the employer over implied contractual issues due to ignorance of the law. In the matter, KANDOMA VS BLACK COSMETICS PRIVATE LIMITED —JUDGEMENT NO SC 115/2004, …

Read more “Employees have to submit to the employers’ control”