02Jul

SARS EMP501 Reconciliation Webinar
SARS has issued an invitation to a webinar on the Employer Interim Reconciliation Declaration Filing Season. Details of the registration process and the invitation are copied below. Regards,
Rhona van Taak
Admin manager: Payroll Authors Group of South Africa
All information provided by the PAGSA is subject to our DISCLAIMER

Invitation to a webinar on Employer Interim Reconciliation Declarations Filing Season
Dear Employer
SARS is committed to assisting taxpayers and traders to fulfil their tax obligations and remain compliant. In this respect, SARS will host a virtual Webinar for employers, where the Employer Interim Declarations (EMP 501) Filing Season will be discussed. In terms of the Income Tax Act No.58 of 1962, employers are required to deduct the correct amount of tax from employees’ remuneration, pay this amount to SARS every month. Also ensure that SARS receives the Monthly Employer Declaration (EMP201) regularly on time as required. The deductions and payments are then reconciled through the completion of the Employer Reconciliation Declaration (EMP501). In addition, employers must issue final tax certificates (IRP5/IT3(a)’s) to employees within the prescribed time frames and requirements applicable to different employees and employers (certain employers must submit reconciliation documents to SARS before issuing tax certificates). In line with our strategic objectives, SARS believes that when taxpayers have clarity and certainty about their tax obligations, they will be in a better position to fulfill their legal obligations and be tax compliant. As an important stakeholder, you are invited to join us at the Webinar. You may also extend this invitation to other interested parties. The following topics will be covered:
Submission channels
General rules for import file structure
Validation rules updates
EMP501 reconciliation process
Webinar details:
Theme: Employer Interim Reconciliation Declarations Filing Season
Date: Thursday, 20 October 2022
Time: 17:00 – 19:00
Platforms (Virtual): Zoom and YouTube
Register in advance for this webinar on the following link:
https://sars-gov-za.zoom.us/webinar/register/WN_9yXBhdFIQdyPIBdRj9ECIg. Meeting ID: 982 0435 9129
Passcode: 589509
After registering, you will receive an email confirmation containing the logon information for the webinar and how to have your questions answered during the event. The webinar will also be recorded and posted on the SARSTV YouTube channel after the event. YouTube: https://youtu.be/T8WIzv3cCg8
If you have questions about Employer Interim Reconciliation Declarations, please send an email to [email protected]
Issued by:
PAYE Enabling and Design, and Taxpayer and Trader Education
6 October 2022