Employer Filing Season: Year Ending February 2017

Employer Filing Season: Year Ending February 2017

Tax

The employer annual reconciliation season starts on 18 April 2017 and employers have until 31 May 2017 to submit their Annual Employer Declarations (EMP501) for the year ended 28 February 2017. The reconciliation covers the monthly employer declarations (EMP201, payments made, Employee Income Tax Certificates (IRP5; IT3a) and ETI.

For employers with over 50 employees, SARS has issues a new version of e@syFile on the 8 April 2017. Please remember to back up your data before installing the new version. You will not be able to use the old version after the 14 April 2017.

Given SARS’s system issues with ETI last filing season we would strongly recommend getting professional advice when completing the ETI information.