SOURCE CODE DESCRIPTIONS IRP5 code 4588

Deduction codes

In the electronic file IRP5 code 4588 is used for: The total amount repaid by the employee in the tax year for a s11(nA) recoupment. This amount will be used by the ITR12 assessment process

Note:
• The inclusion of this code on the IRP5/IT3(a) certificate replaces the repayment confirmation letter that the employer issued to the employee in the past.

Code 4588 is Applicable from 2026 year of assessment

The prescribed Length of IRP5 code 4588 in the electronic file is: N15

The abbreviations used within the description of the relevant codes mean:
• PAYE: Income is subject to the deduction of Employees’ Tax and will also be taxed when the income tax assessment for the employee is processed.
• IT: Income is not subject to the deduction of Employees’ Tax but will also be taxed when the income tax assessment for the employee is processed.
• Excl: Income is not subject to the deduction of Employees’ Tax and will also not be taxed when the Income Tax assessment for the employee is processed.
• Excl/PAYE: Depending on the circumstances described in the legislation, the income is either subject to both PAYE and Income Tax, or it is excluded from both PAYE and Income Tax