The South African Revenue Service (SARS) briefed the Payroll Authors Group of South Africa (PAGSA) on their plans for the SARS Vision 2024 PIT project in February 2020. In 2021, PAGSA compiled seven documents for SARS to provide a better understanding of payroll administration. PAGSA engaged with SARS in several meetings to explain the practical difficulties of processing PAYE, SDL, UIF, and ETI on a weekly, fortnightly, and monthly basis.
During a meeting on January 25, 2023, SARS and PAGSA discussed more details about the SARS PIT Modernisation project. SARS requested that the project name be changed from “SARS Vision 2024 PIT” to “SARS PIT Modernisation.” The changes to the administration of PAYE will require payroll system development, which will directly impact PAGSA payroll supplier members.
Payroll suppliers must prepare themselves for significant changes to their payroll systems soon after the start of the 2023/24 tax year if the roll-out of the Vision 2024 PIT project proceeds as planned. PAGSA will advise payroll suppliers of progress as the project proceeds, and more detail will be issued as soon as it becomes available.
For more information, visit https://www.pagsa.org.za/2023/06/10/nf-2023-03-sars-2024-pit-modernisation-project/.
Regards,
Rob Cooper
Chairman Payroll Authors Group of South Africa
All information provided by PAGSA is subject to our DISCLAIMER.
