PAYE Annual Reconciliation 2022 starts 1 April
30 March 2022 – Annual Reconciliation Declaration (EMP501) submission period opens on 1 April and closes on 31 May. Employers are required to submit their annual reconciliation declarations covering the full tax year from 1 March 2021 to 28 February 2022. For more detail on this year’s enhancements, submission channels and more, click here.
SARS Payment Rules
30 March 2022 – The Guide for the SARS Payment Rules has been updated to include Discovery Bank and Grindrod Bank for payments that can be made via EFT (Electronic Fund Transfer) into the SARS public beneficiaries listed on the banking platform.
