The following content was published in Newsflash 2022/40 – SARS Notice Employer filing season opens 19 Sept 2022

SARS NOTICE: EMPLOYER FILING SEASON OPENS 19 SEPTEMBER 2022

SARS has issued the following notice relating to the employer filing season in respect of the interim period ending August 2022.

Please note that the filling season opens on 19 September 2022 and closes on 31 October 2022.

Late submissions will result in an administrative penalty equal to 1% of the Year’s PAYE liability which will increase by 1% for each month outstanding up to a maximum of 10% of the year’s PAYE liability.

The SARS notice can be found below.

Dear Employer

EMPLOYER INTERIM RECONCILIATION SUBMISSION: 19 SEPTEMBER TO 31 OCTOBER 2022.

As the South African Revenue Service (SARS) celebrates its 25th anniversary, we value your support and contribution to our country’s economy and her prosperity. We strive to ensure that you understand what we expect from you and what your rights as a taxpayer are. We are committed to improving our service offering to make your compliance easy and seamless.

Reconciliation Season 2022
This year, the Employer Interim Reconciliation Declaration (EMP501) submission period opens on 19 Septenter 2022 and closes on 31 October 2022, Employers are required to reconcile their Monthly Employer Declarations (EMP201) for the first six months of a Reconciliation Year (1 March 2022 to 31 August 2022). These reconciliations are based on the Monthly Employer Declarations (EMP201) submitted, with the tax values of the interim IRP5/lT3(a)s certificates generated, accurate payroll information, employees’ tax (PAYE) payments made, thereafter an Employers Reconciliation Declaration (EMP501) is submitted

We help you comply
To reconcile easily and conveniently we would like to draw your attention to important information you need to know.
– Employers, Tax Practitioners and Payroll Administrators need to download the latest Employers e@syFile version, which will be released on 16 September 2022. This can be done via SARS eFiling.
– Employers must submit all outstanding annual EMP501 reconciliations and make sure the monthly declarations (EMP201) for the reconciliation period have been submitted, and all payments due have been paid before submitting the interim EMP501 for 2022.
– Where employees are not registered for income tax purposes, employers must them using Single (“Individual ITREG’) and bundle IT Registration (*Bunded ITREG’) for existing tax numbers as well as new registrations available on e@syFiIe.
– First-time job seekers can register for income tax via eFiling or on the SARS MobiAp

SARS Service Charter
Your Rights
– SARS will help by providing service, responses, instructions and access to information and systems.
– SARS will respect your constitutional right to privacy.
Your Obligations
– Always submit an accurate, fully paid declaration to SARS on time
– Comply with all prescribed administrative processes and timeframes.