News FlashesApril 1, 2022

CRS News Flash 31 March 2022 – SOUTH AFRICA – Employer Annual Reconciliation Submission

It is important that employers note the following:

Annual Reconciliation Season 2022
On Wednesday, 30 March 2022, a notice was published on the SARS website to inform employers of the annual reconciliation submission period.

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 if you require any additional information. 

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