15 April 2025 – The submission period of the Employer Annual Reconciliation Declaration (EMP501) is now open until 31 May 2025. All reconciliation declarations must include the most up-to-date and accurate employee payroll information, as well as the tax deducted for the full tax year, from 1 March 2024 to 28 February 2025.
Importantly, the employer’s annual reconciliation must be submitted by 31 May 2025 to ensure that employees’ tax assessments and pre-populated tax returns are prepared accurately.
The submission of correct and accurate employee information by employers on time contributes to the economic growth of our country.
For more information, employers can watch instructional videos on “How to submit EMP501 declarations” on our Step-by-step videos webpage.
