Mercans Official website logo

Mercans Resources Hub

A dedicated space for company news, announcements, blogs, success stories, eBooks, quick guides, compliance updates, statutory alerts, and more—all in one place.

Kenya – Enactment of the Affordable Housing Act 2024

On the 26th of January 2024 the Court of Appeal rejected the government’s appeal to continue collecting the Affordable Housing Levy. This decision has since been reversed as on the 19th of March 2024 when the President of Kenya approved the Affordable Housing Act,...

Mar 29, 2024 1 min read
Take me there

South Africa -Subsistence & Travel Allowance Thresholds March 2024

South African Revenue Services (SARS) issued updated guide for employers in respect of allowances. Effective from 1st March 2024, the thresholds for exemption on allowances are mentioned below. Changes in thresholds for Subsistence Allowance When the employee spe...

Mar 15, 2024 1 min read
Take me there

Introduction of end of service benefit for foreigners, Taminat system, separate unemployment insu...

The social insurance organization (SIO) of Bahrain announced through circular no. (2) of 2024 a new electronic system “Taminat”. The procedure of accessing the new system is updated in the circular. The SIO also announced separating the monthly insurance contrib...

Mar 5, 2024 2 min read
Take me there

United Kingdom – Changes in National Minimum Wage April 2024

The hourly rate for the minimum wage depending on workers’ age or apprenticeship, changes on 1st April every year. From 1st April 2024, workers’ national living wage and apprentice’s national minimum wage are as follows. Ple...

Mar 4, 2024 1 min read
Take me there

Romania – Changes in Social security & tax effective Jan 2024

The fiscal code has been amended through several normative acts. Effective 1st January 2024, the changes below, are applicable for health insurance as per GEO 115/2023 & 296/2023. Changes in earnings subject to health insurance (CASS) Sick leave/medical a...

Feb 28, 2024 3 min read
Take me there

Egypt – Parliament approves changes in tax law effective Mar 2024

The Egyptian parliament on 22nd February 2024, in official gazette approved below changes in the income tax law no. 91 of 2005. These are effective from 1st March 2024. Changes in tax table The threshold for the tax-exempt bracket for annual income has been raise...

Feb 27, 2024 1 min read
Take me there

Oman Announces New Social Security Law

Effective from 01 January 2024, the Omani government through royal decree No. 52/2023 issued the new social security law which replaces existing social security law. Following table provides the new rates along with monthly ceiling amounts for the different insu...

Feb 19, 2024 1 min read
Take me there

Kenya – Court upholds affordable housing levy on 26 Jan 2024

Changes in application of affordable housing levy The court of appeal on 26th January 2024 rejected the govt. appeal to continue collecting AHL. The matter is in litigation until the hearing and determination of substantive appeal. The employers are not obliged...

Feb 12, 2024 1 min read
Take me there

Mercans Launches Customer Advisory Board

The initiative is launched to make Mercans' customers equal stakeholders in the product development journey.

Feb 1, 2024 3 min read
Take me there

Kenya- 2024 National Social Security Fund Changes

Discover Kenya's 2024 NSSF changes: new earning limits of KES 7,000 (lower) and KES 36,000 (upper). Explore the impact on pension contributions in this brief update.

Jan 31, 2024 1 min read
Take me there

Client Success Story: Systra

Systra achieved exceptional competitiveness in the Saudi Arabian market through Mercans' strategic HR solutions, transforming operations and reaching business goals.

Jan 26, 2024 3 min read
Take me there

World’s First Global Gross to Net Payroll Engine

Mercans presents upgrades to its Stateless, 100% independent payroll engine, G2N Nova, that eradicates all data security and privacy concerns forever.

Jan 24, 2024 5 min read
Take me there