One Team Working Together for our Customers Success
April 30, 2013 in Latest News
Christophe Letellier
Christophe Letellier, CEO – Sage ERP X3
On my way back from a great Sage ERP X3 Global Convention in Berlin last week, I was wondering what makes an ERP solution the right one for mid-market customers. During the whole week, we’ve presented and demonstrated Sage ERP X3 at length: the solution today, with its breadth and depth of functionality and exciting customer testimonials, as well as the future of Sage ERP X3 with its totally new user experience that will increase return on investment. We have shared all this with our employees and partners. Of course, excitement was high and a good product is an important part of a good solution, but it’s not enough.
My take from last week in Berlin is that the community makes the difference. I’m not speaking about size or numbers but about commitment and collaboration. What showed strongly last week is the ability and the willingness of Sage and its partners to collaborate, share and work together for the benefit of our clients. Don’t get me wrong, I don’t want to paint a picture of a perfect world, but what I describe is the reality of what I’ve witnessed. I received so much feedback from our partners, and no matter where they came from, they all mentioned the fact that probably the best part of our Convention was the opportunity to engage transparently with Sage and the other partners.
I’ve always believed that the split between “direct” and “indirect” was a figment of the past. What counts now is gathering the skills and competencies that will make our customers more successful. Good sense says that it’s better to have a small slice of a big cake than a big slice of a small one. In business it’s not small or big, in fact, it’s “deal” or “no deal”. Sharing value makes sense when you have won! I think that together with our partners, we’ve got that mentality. Winning means giving our prospects and customers the confidence that they will have the solution they need to succeed, putting together the winning team that will fully address their needs.
Click here to read the rest of the article
by sagegroup
Positive legislative changes made to the Learnership Allowance Incentive
March 6, 2013 in Latest News
No Comments »
Tags: budget 2013, budget analysis, Budget Speech, Budget speech analysis, Budget Speech commentary, budget speech sa, budget speech summary, business, development, development economics, economic, economic cycle, economic forecast, economic indicators, economic indicators south africa, economic trends, economy, Finance Minister Pravin Gordhan, financial, financial news, government, growth, income, inflation, investment, Learnership Allowance Incentive, medical aid tax, Monthly tax credits for medical, national budget, pension fund, Personal income tax, providentfund, retirement annuity funds, Rob Cooper, Rob Wilkie, SA budget, sa news, Sage VIP, SME, SMME, South Africa taxation, South African economy, tax, tax expert, tax help, tax relief, tax returns, what is a budget speech, what is economy
In the 2013 Budget speech, Finance Minister, Pravin Gordhan, emphasised that one of Government’s most pressing development challenges is to expand work opportunities for young people: “There has been extensive debate on how this should be done and the answer is that a wide range of measures are needed, including further education, training, public employment opportunities and support for job creation in the private sector.”
Learnerships help young people to obtain a formal qualification, while gaining relevant workplace experience. While there are many benefits to the prospective learners, there are also advantages to the employer implementing the learnership. Employers have the peace of mind that their employees are not away from the office for extended periods of time and while they are away, they are improving their relevant work based skills to be more productive and efficient at what they are employed to do.
In 2002, the Government introduced a Learnership Allowance Incentive, for employers to:
However, there is a very specific legislation that guides the process and it poses certain challenges. Tax Talk spoke to Rob Cooper, tax expert and Director of Legislation Updates and Proposed legislation at Sage VIP, part of the Sage Group plc, about some of the recent changes made to the Learnership Allowance Incentive.
Cooper says: “To encourage employers to participate in learnerships, an allowance in the form of a deduction from the company’s taxable income has been available for many years. To qualify for the learnership allowance, employers must register the learnership with SETA. There is a R30 000 allowance at the start of the learnership, and a further R30 000 upon the successful completion. The value of the actual incentive has always been influenced by the when the learner is registered and the learner’s failure to complete. However, with new legislation introduced in January, the scenario will change.”
Cooper explains: “In the past, the allowance (deduction) was only allowed during the year in which the learnership agreement was officially registered with SETA. For a variety of reasons, registration often takes a couple of months and this resulted in reduced value.”
To read the rest of this article, click here