Employer Interim Reconciliation 2021

This year, the Employer Interim Reconciliation Declaration (EMP501) submission period opened on 13 September 2021 and will close on 31 October 2021. During this period, employers are required to reconcile the payroll tax liabilities (PAYE, SDL and UIF) declared on their monthly Employer Declarations (EMP201) for the first six months of a reconciliation year (1 March 2021 to 31 August 2021). The tax values of the interim IRP5/IT3(a) certificates are then generated to contain accurate payroll information, payroll tax  payments made to SARS. This information is then completed on the Employer Reconciliation Declaration (EMP501) and submitted to SARS.

To easily reconcile, the following information is at your disposal via SARS eFiling and e@syFile Employer:

• The latest version of e@syFile Employer was made available from 13 September 2021. Employers must register employees for income tax purposes using Single (“Individual ITREG”) or bundled IT Registration (“Bundled ITREG”) for existing tax numbers as well as new registrations on e@syFile Employer.
• Please note that employers must submit outstanding monthly declarations (EMP201) and annual reconciliations (EMP501) to SARS before submitting the Interim EMP501 for 2021.

For more information, please click here.

01/10/2021