BUILDING INDUSTRY EMPLOYERS URGED TO INFORM STAFF OF TAX STATUS QUO

The Building Industry Bargaining Council has urged employers to inform employees of the current status quo regarding their tax and retirement obligations, following the recent announcements made in Minister Pravin Gordhan's budget vote speech.

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BUILDING INDUSTRY NEGOTIATION ON WAGE RATES AND EMPLOYMENT CONDITIONS

The Building Industry Bargaining Council (Cape of Good Hope) has issued a notice to non-party employers and employees regarding the commencement of negotiations affecting employment conditions in the building industry. The employer and trade union parties to the BIBC are preparing to enter substantive industry negotiations later this year to consider general employment conditions as well as wages, amongst other matters.

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BIBC CALLS ON MINISTER TO SET THE RECORD STRAIGHT ON TAX AMENDMENTS

The Building Industry Bargaining Council has called on Finance Minister Pravin Gordhan to set the record straight on harmful myths and misconceptions about new tax amendments during his budget vote speech this week. Because there is a lot of confusion on the ground about the proposed amendments, some employees have already taken drastic but unnecessary action, such as resigning, because they fear they won't be able to access their funds after March 1.

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BIBC ANNOUNCES RECORD LEAVE AND BONUS PAYOUT

The Building Industry Bargaining Council (Cape of Good Hope) has announced another record payout. Following a recorded 31% increase in industry compliance, the leave and bonus payout to employees is in excess of R161 million - 23% higher than the previous year's R131 million.

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