MARCH 2022 – SOUTH AFRICA EMPLOYER ANNUAL RECONCILIATION SUBMISSION It is important that employers note the following: Annual Reconciliation Season 2022
The annual reconciliation declaration (EMP501) submission period opens on 1 April 2022 and closes on 31 May 2022. Employers are required to submit their annual reconciliation declarations covering the full tax year from 1 March 2021 to 28 February 2022. The EMP501 must reflect accurate and up-to-date payroll information about your employees, employees’ tax (PAYE) payments made and tax certificates (IRP5/IT3(a)’s) generated.
SARS have included useful information to reconcile easily in their notice to employers.
To view the notice, follow the link. |
Contact our legislation team at info@crs.co.za if you require any additional information.Â
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