Employers’ tax deadline looms

2011-05-16 09:11

Employers have under three weeks to file their employer reconciliation declarations, the SA Revenue Service said today.

“With less than three weeks to go before the deadline of Friday June 3, [Sars] wants to urge all employers to file their yearly employer reconciliation declarations on time to avoid administrative penalties,” Sars said.

“To date three-quarter of all employers still have to submit their payroll declarations.”

This slow start was a cause for concern, Sars said.

Employers can face an administrative penalty equal to 10% of the total PAYE paid for the period if they do not submit on time, or submit incorrect of incomplete data.

Sars said certain employers had experienced difficulties getting information to complete their submissions.

“In cases where the employer can show that they have made every effort to meet their obligations, Sars will be sympathetic in considering applications for remission of penalties.

“The principle that Sars will follow is that the more complete the submission, the higher the proportion of the penalty likely to be remitted (on application) will be.”

In September last year employers had to, for the first time, submit bulk registration details of all their employees to Sars.

“Sars understands that many employers had difficulty in providing full details of their employees to Sars. This process is being reviewed by Sars and will be enhanced.”

The tax authority plans to introduce a facility for employers to register multiple employees and obtain the results using the e@syFile and eFiling application, for those employees not registered previously.

For more information, visit a Sars branch, call the contact centre on 0800 00 7277 or visit www.sars.gov.za.

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