Employer Reconciliation Process – Beginning of 60-day period

From 1 April – 30 May 2009, all Employers must prepare and submit their annual Employer’s reconciliation for their employees’ IRP5 and PAYE/SDL/UIF paid during the February 2009 tax year.

Here are 4 basic steps to assist you with this process:

  1. Capture all relevant information on your electronic payroll system
  2. Collate all data to reconcile the monthly EMP201 returns and payments thereof with the employees’ IRP5/IT3 certificates
  3. Identify any payments/certificates that do not form part of the 2008/2009 tax year
  4. Ensure all employee data (e.g. ID numbers and tax reference numbers) is up to date and correct.

Updates of the latest SARS program, E@syfile, is available on the SARS website. Alternatively CD’s of the program are available at your local SARS office.

Should you like us to assist you with this process (either at your offices or directly on your behalf), please contact Juanita or Lizette by no later than 17 April 2009

Should you require any further information, please do not hesitate to contact us.

Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.