SARS is hosting a virtual webinar on the Employer Interim Reconciliation Declaration Filing Season, and all employers are invited to attend. The webinar will cover topics such as submission channels, general rules for import file structure, validation rules updates, and the EMP501 reconciliation process. Employers are required to deduct the correct amount of tax from employees’ remuneration, pay this amount to SARS every month, and 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). Employers must also issue final tax certificates (IRP5/IT3(a)’s) to employees within the prescribed time frames and requirements applicable to different employees and employers. The webinar will be held on Thursday, 20 October 2022, from 17:00 – 19:00, and will be available on Zoom and YouTube. Register in advance for the webinar at https://sars-gov-za.zoom.us/webinar/register/WN_9yXBhdFIQdyPIBdRj9ECIg. After registering, attendees will receive an email confirmation with the logon information for the webinar and how to have their questions answered during the event. The webinar will also be recorded and posted on the SARSTV YouTube channel after the event. For questions about Employer Interim Reconciliation Declarations, please send an email to [email protected]. For more information, visit https://www.pagsa.org.za/2023/06/10/nf-2022-46-sars-emp501-reconciliation-webinar/.
