Can you submit your EMP501 information from e syFile?

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e@syFile will populate the EMP501 with the PAYE, SDL, UIF and ETI values declared on the EMP201 monthly submissions. If SARS values was selected, please confirm that the values balance with the submitted EMP201’s, EMP501 and tax certificate values.

How do I submit my EMP501?

You will need to open it click my profile on the left. And then on portfolio. Management click go to portfolio. Once you have selected the applicable. Portfolio.

What is EMP501 South Africa?

It involves an employer submitting an accurate Employer Reconciliation Declaration (EMP501), Employee Tax Certificates [IRP5/IT3(a)s] to be issued and if applicable, a Tax Certificate Cancellation Declaration (EMP601).

How do I submit my tax return on eFiling?

If you need to submit an income tax return, you can complete and submit it to SARS via the following channels: eFiling on your computer – simply register for eFiling at www.sarsefiling.co.za. The SARS MobiApp from which you can complete and submit your Income Tax Return (ITR12).

Where is the EMP501 Workpage on eFiling?

eFiling validation calculation file: Can be found on the EMP501 work page next to the EMP501 information. Click on “View” under the View Certificate Errors heading. The file will be downloaded or an option to save will be displayed (depending on browser used).

When must EMP501 be submitted?

Annual Reconciliation Season 2022
This year, the Annual Reconciliation Declaration (EMP501) submission period opens on 1 April and closes on 31 May. Employers are required to submit their annual reconciliation declarations covering the full tax year from 1 March 2021 to 28 February 2022.

Who needs to submit EMP501?

Employers with less than 50 employees can use either SARS eFiling or e@syFile™ Employer to submit their reconciliation documents. Employers with more than 50 employees must file the EMP501 Reconciliation using the e@syFile™ Employer.

When should EMP501 be submitted?

EMP501 reconciliations must be performed twice during a particular financial year: Interim period – six-month period 1 March to 31 August (Due 31st October) Annual period – full tax year period 1 March to 28/29 February (Due 31st May)

What is the penalty for late submission of EMP501?

This year the annual reconciliation declaration (EMP501) submission period closes on May 31 and late submissions will attract a penalty equal to 1% of the year’s pay-as-you-earn (PAYE) tax liability. The penalty will increase each month by one percentage point up to 10% of the year’s PAYE liability.

What is the difference between IRP5 and ITR12?

An ITR12 is the Income Tax Return for all individuals (including provisional taxpayers) for a particular tax year. An IRP5 is just a summary of all your payslips for the year.

What documents are needed for SARS tax returns?

SARS may require the following supporting documents:

  • IRP5/IT3(a) employees Tax Certificate;
  • Certificates received for local interest income, foreign interest income and foreign dividend income;
  • The income tax certificate(s) received for contributions made for Retirement Annuities;
  • Medical aid certificate;

Which EMP501 is due?

How do I activate EMP201 on eFiling?

Follow our simple steps to register if you aren’t.

  1. Logon to eFiling.
  2. Click: Returns. Returns Issued on the left. Employees’ Tax (EMP201).
  3. Select the applicable tax period, on the far right and click Request Return.
  4. Once the return search appears, click Open (far right).
  5. Click EMP201 to start completing the declaration.

When must EMP201 be submitted?

Employers are required to submit the EMP201 declaration on a monthly basis, and make payment, on or before the 7th of the following month. Employers must declare their PAYE, SDL and UIF allocations on the EMP201 form. Complete the Particulars of Declarant section. Complete the Employer Details section.

What happens if I submit my EMP501 late?

Fail to submit a complete EMP501 on or before 31 May 2021. They will be penalised for each month that a complete return remains outstanding. Depending on the number of months outstanding, the penalty is up to 10% of the total employees’ tax liability.

What is the difference between EMP201 and EMP501?

An EMP501 reconciliation is a report of all employees’ earnings, which must be submitted to SARS. Employers are required to reconcile the payroll taxes liabilities (PAYE, SDL and UIF) declared monthly on the Employer declarations (EMP201).

What is EMP501 admin penalty?

SARS has taken a decision to impose this penalty for 2021/02 EMP501 return for employers who have not submitted the return by 31 May 2021. The penalty will be imposed at 1 per cent for each month that the employer fails to submit the complete return.

What happens if IRP5 is not on eFiling?

26/02/2021.
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FAQ: What must I do if my IRP5/IT3(a) information is not on my Income Tax Return (ITR12)?

  1. Click the Help-You-eFile icon on eFiling.
  2. Call the SARS Contact Centre on 0800 00 SARS (7277)
  3. Visit your nearest SARS branch.

Can you submit tax return without IRP5?

OR Are you able to submit without the IRP5? Yes, you can, however, SARS might request that you send them your IRP5 if they review your tax form.

How do I submit IRP5 on eFiling?

On the eFiling wizard page (the first page), just enter the number of IRP5’s that you have in the number entry box. Then when you click the button to generate your tax return form there will be multiple empty IRP5 documents for you to fill in.

How much do you have to earn to submit a tax return in South Africa?

R87 300 if you are younger than 65 years. If you are 65 years of age to below 75 years, the tax threshold (i.e. the amount above which income tax becomes payable) is R135 150. For taxpayers aged 75 years and older, this threshold is R151 100.

Who must submit EMP201?

Employers
Employers are required to submit the EMP201 declaration on a monthly basis, and make payment, on or before the 7th of the following month. Employers must declare their PAYE, SDL and UIF allocations on the EMP201 form.

How do I submit EMP201 to SARS eFiling?

You need to submit your EMP201 and the payment, if applicable, within 7 days after the end of each month, e.g. by the 7th of each month.
Once you have filled in your EMP201, you simply send it to SARS via:

  1. e@syFile™ Employer.
  2. eFiling.
  3. Visiting a SARS branch, where an agent will help to fill in the EMP201 electronically.

How do I do an EMP201 on eFiling?

FAQ: How do I complete and send the Monthly Employer Declaration (EMP201) on eFiling?

  1. Logon to eFiling.
  2. Click: Returns.
  3. Select the applicable tax period, on the far right and click Request Return.
  4. Once the return search appears, click Open (far right).
  5. Click EMP201 to start completing the declaration.

How do I get IRP5 from SARS eFiling?

Step 1: Log in to SARS efiling, Step 2: Select returns issued (to the left) Step 3: Select Personal income tax (ITR12) on the drop-down, Step 4: Select the already requested tax year on the list (Open) OR select the tax year on the top right and request the return, then open.