Two looming SARS-related deadlines for 31 May 2016

1.  2016 Tax Year Submissions to SARS

The deadline for submission of EMP501 and Employee Tax Certificates, is the 31st May, Tuesday next week. Have you finished your submission to SARS yet? The SA Revenue website has this advice for employers:

“Employers are required to submit their Pay-As-You-Earn (PAYE) Employer Annual Reconciliations between 18 April and 31 May 2016 to SARS, confirming or correcting payroll tax amounts which were declared during the 2015/2016 tax period.

This year, employers are urged to accurately verify and update each employee’s personal and financial details before submitting their Annual Reconciliation Declaration (EMP501) and Employees Income Tax Certificates [IRP5/IT3(a)s] to SARS.

Should these details be incorrect on an IRP5 certificate, the employee will be unable to file his/her Income Tax Return for Individuals (ITR12) during Tax Season. Individuals will no longer be allowed to make any corrections to pre-populated IRP5 details on their returns.

In cases where details are incorrect, employees will have to revert to their respective employers who will need to make changes on the IRP5 and re-submit these to SARS. This process can be time consuming and it may become problematic for employees to file on time.

Employers play a very important part in the income tax cycle which effectively starts on 18 April with the submission of the annual reconciliations. We rely on your cooperation to make the submission of ITR12s later in the year as stress-free as possible for all involved. Need help? Call the SARS Contact Centre on 0800 00 7277.”

2. Return Of Earnings (ROE) to the Department of Labour

Essential document downloads and login link

COIDA ROE DEADLINE EXTENDED — The Department of Labour has announced that the 2015/2016 ROE deadline has been extended until 31 May 2016. Submissions commenced on the 1st April 2016.

  1. Download the Online Submission Guide (Common Errors and FAQs)
  2. Department of Labour’s LOGIN PAGE
  3. Department of Labour’s Information Slides
  4. Download the Instruction Manual

Any further questions, please contact