What’s new?
- 18 April – 2016 – Employer Annual Reconciliation
The Employer Annual Reconciliation starts 18 April 2016. Get ahead, start gathering your information and subscribe to our RSS feeds to stay informed. Get the latest information now. - e@syFile versions 6.6.3
E@syfile version 6.6.3 can be used to submit your 2016/02 reconciliation statement (EMP501)and all other reconciliations and re-submissions. - 1 April 2016 – Employer Annual Reconciliation
Employers are required to submit their Pay-As-You-Earn (PAYE) Employer Annual Reconciliations between 18 April and 31 May 2016 to SARS, confirming or correcting payroll tax amounts which were declared during the 2015/2016 tax period.
This year, employers are urged to accurately verify and update each employee’s personal and financial details before submitting their Annual Reconciliation Declaration (EMP501) and Employees Income Tax Certificates
[IRP5/IT3(a)s] to SARS.Should these details be incorrect on an IRP5 certificate, the employee will be unable to file his/her Income Tax Return for Individuals (ITR12) during Tax Season. Individuals will no longer be allowed to make any corrections to pre-populated IRP5 details on their returns.
In cases where details are incorrect, employees will have to revert to their respective employers who will need to make changes on the IRP5 and re-submit these to SARS. This process can be time consuming and it may become problematic for employees to file on time.
Employers play a very important part in the income tax cycle which effectively starts on 18 April with the submission of the annual reconciliations. We rely on your cooperation to make the submission of ITR12s later in the year as stress-free as possible for all involved. Need help? Call the SARS Contact Centre on 0800 00 7277.
- 20 January 2016 – The 2017 BRS for PAYE Employer reconciliation is published:
Business Requirement SpecificationYear Applicable BRS – PAYE Employer Reconciliation for 2017 NEW! 2017 Annual Employer Reconciliation
(1 March 2016 – 28 February 2017)
BRS – PAYE Employer Reconciliation for 2015/16 2015 Annual Employer Reconciliation
(1 March 2014 – 28 February 2015)and2016 Annual Employer Reconciliation
(1 March 2015 – 29 February 2016)- 13 November 2014 – e@syFile™ Employer
The latest version of e@syFile™ Employer is now available for downloading. For more information on the changes made, read more. - 6 October 2014 – Employment Tax Incentive (ETI) Refund Process
The refund process is expected to be introduced in the last quarter of 2014, see the latest important facts about ETI refunds. Read more. - 12 May 2014 – Single Registration
The way you register for tax & customs and update your existing details has changed from 12 May 2014. For more information, click here. - 10 February 2014 – Qualifying Employers
Did you know you may claim the Employment Tax Incentive (ETI) on your EMP201 submission? To see if you qualify or for more information read more.