The Scenario
You are the bookkeeper for a small business with 5 employees. It is month-end and you need to process payroll. Each employee has different salary levels and benefit structures (pension, medical aid).
The Brief
Calculate the gross-to-net pay for each employee. Include PAYE, UIF, pension fund contributions, and medical aid deductions. Show the total cost to the employer.
Deliverables
- A payslip summary for each employee: Gross Pay, PAYE, UIF, Pension, Medical Aid, Net Pay
- The total employer cost per employee (gross + employer UIF + employer pension)
- The total amounts payable to SARS, the pension fund, and the medical aid scheme
Submission Guidance
Pension contributions reduce taxable income. If an employee contributes R2,000 to pension, their taxable income is lower. Show this deduction-before-PAYE logic.
Submit Your Work
Your submission is graded against the rubric on the right. If you pass, you get a public Badge URL you can share on LinkedIn. There is no draft save, so work offline first and paste your finished response here.