The Banking division provides an effective support service to all client departments and ensures that municipalities conform to the reporting requirements in terms of the Municipal Finance Management Act. The priority of the Tax section is to provide efficient support and guidance to all client departments and to increase the knowledge and skills of officials at the departments. The EMP 10 guide issued by SARS is used as a base to perform Risk Analysis in terms of tax compliance and processes. In addition, a practical Tax manual has been compiled which focuses on the Persal and BAS Tax functions and the technical aspects of the PAYE tax functions to assist tax officials at all departments.
PURPOSE:
The purpose of this sub-programme is to enhance cash management in the province. The unit also provide training and support in respect of payroll tax functions and legislations. It is also responsible for the provision of banking and support service to the entire KZN administration.
VISION:
To promote economic and effective management of Asset and Liabilities.
MISSION:
To promote improve the efficiency of Cash Management and to minimize the adverse liquidity through effective Liabilities Management.
STRATEGIC OBJECTIVES:
- Ensure the provision of an effective and efficient transversal advice, guidance and support on banking and tax matters.
- To promote sound cash management practices and improve liquidity in the province; and
- To assist departments and municipalities in the attainment of a clean audit outcome for the province
THE KEY FUNCTIONS:
- To keep departments abreast of amendments in tax legislation in respect
- of payroll tax
- To provide quality training and an advisory service in respect of tax
- functions to departments and perform risk analysis in terms of tax
- compliance.
- To provide an effective Banking and support service to all client departments
Heads and Services:
Staff members:
