FAQ: What may cause a duplicate or incomplete submission and how can I correct that?

What may cause a duplicate or incomplete submission and how can I correct that? Certain employers may experience a problem due to duplicate or incomplete reconciliation declaration submissions made on e@syFile™ Employer. What is considered a duplicate submission? A submission is considered to be a duplicate once the verification has been completed and it is […]

FAQ: Can I edit the fields on my IRP5?

Check your IRP5 and verify if all the information is correct before attempting to submit the return. If you notice any errors which might need to be corrected, kindly advise your employer to rectify it. You will not be able to change these prepopulated fields on the return.

FAQ: What is the impact of Section 11(k) on me as a taxpayer?

Any contribution by an employer to a retirement fund for the benefit of the employee will be taxed as a fringe benefit in the hands of the employee. This will be prepopulated on the ITR12 from the IRP5 submitted by the employer. Total contributions to retirement funds (Pension, Provident & RAF) are deductible but limited […]

FAQ: What is remuneration?

Remuneration means any amount of income which is paid or is payable to any person by way of any salary, leave pay, wage, overtime pay, bonus, gratuity, commission, fee, emolument, pension, superannuation allowance, retiring allowance or stipend, whether in cash or otherwise and whether or not in respect of services rendered.