4 April 2024 – One of SARS’s strategic objectives is to improve our service to deliver a seamless taxpayer experience that provides clarity and certainty to make it easier to meet your tax obligations. This letter guides you how to manage your pay-as-you-earn (PAYE) tax obligations during the annual declaration period.
Your tax compliance helps SARS to achieve its Higher Purpose, which is to enable the State to provide for the well-being of all South Africans.
Employees’ Tax Compliance Starts with You, the Employer
The Employer Annual Declaration period is open from 1 April and closes on 31 May 2024. During this period, Employers must submit their annual reconciliation declarations (EMP501) with accurate and up-to-date payroll information about their employees. Your EMP501 must include:
- Monthly Employer declarations (EMP201) for PAYE, Unemployment Insurance Fund contributions (UIF), and the Skills Development Levy.
- Information about payments made (excluding penalties and interest paid).
- Employee tax certificates (IRP5/IT3[a] generated) covering the tax year from 1 March 2023 to 29 February 2024.
For more information, see the PAYE landing page.
