Update 07 September 2023
The South African Revenue Services has issued a letter confirming the Interim EMP501 Reconciliation submission period will run from 18 September 2023 to 31 October 2023.
EMPLOYER INTERIM DECLARATIONS (EMP501): 18 SEPTEMBER TO 31 OCTOBER 2023
Original post 4 September 2023:
The Employer Interim Reconciliation for Employers filing season commences on 15 September 2023 until 31 October 2023.
During this period, all employers in private and public enterprises must reconcile their Monthly Employer Declarations (EMP201).
These reconciliations are based on the Monthly Employer Declarations (EMP201) submitted with the tax values of the interim IRP5/IT3(a)s certificates generated, accurate payroll information, and employees’ tax (PAYE) payments made during the period 1 March 2023 - 31 August 2023.
Thereafter, employers can submit an Employer’s Reconciliation Declaration (EMP501) to SARS.
We urge all customers to prepare and submit the reconciliation on SARS e@syFile as soon as filing season commences.
To avoid the deadline rush please click on the below on how to prepare for the submission: