FAQ: Can the Monthly Employer Declaration (EMP201) have a negative amount?

The Pay-As-You-Earn (PAYE) on the EMP201 may not result in a negative amount. Where the calculated Employment Tax Incentive (ETI) is more than the PAYE liability, an amount equal to the PAYE liability may be utilised, which will result in a zero (0) amount payable. The remaining amount of ETI will be carried forward to the following month.