SOURCE CODE DESCRIPTIONS IRP5 code 3673

Normal Income Codes

in the electronic file IRP5 code 3673 is used for: ‘Antedated salary/pension’ extending over previous years of assessment (PAYE) from foreign Income. Employees’ tax (taxable) accrued in previous year/s due to a settlement agreement or arbitration award or court-order that relates to previous years. This also includes awards granted via settlements out of court and Labour Court disputes. The employer must apply for a tax directive to determine the amount of employees’ tax to be deducted. These are only applicable to foreing income sources.
· Valid from 2025 Year of Assessment
Updated in BRS v24 during February 2025

The prescribed Length of IRP5 code 3673 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