SARS Submissions due 29 October 2010

[Pastel Payroll Consultant]

There are 14 days left to get your bi-annual submissions in to SARS.

http://www.sars.gov.za/

Remeber that even though you need to submit your tax certificates to SARS along with your PAYE recon, you do not need to give the IRP5s to your staff.

 

[Pastel Payroll Consultant]

A number of people are asking why SARS has decided to introduce Bi-annual submissions. Have a look at a response I found on moneywebtax.co.za

Sars's reasoning for the biannual returns:
Mark Kingon, group executive of business systems at Sars, revealed to MoneywebTax that the biannual return was introduced to help Sars know its clients better, to track the movement of employees, to prevent fraud and ensure less errors in the final reconciliation. It will also help Sars prepare for the wage subsidy, should it ever come into existence.

Sars is hoping to prevent employers from deducting PAYE and using it for cash flow, instead of paying it over to the receiver, says Kingon.

"It will help us to check that what is actually deducted from staff is actually paid over to Sars".

http://www.moneywebtax.co.za/moneywebtax/view/moneywebtax/en/page262?oid=52544&sn=Detail

 

[AirWolf]

With this first bi-annual submission SARS will also be issuing everyone (that doesn't currently have a tax number) with a tax number regardless of whether you pay tax or not. Tax numbers for all employees will be compulsory for the February 2011 tax submission.

 

[Pastel Payroll Consultant]

We're into the last week of the Interim Submissions season. Ensure that your submissions are completed as soon as possible because trying to do them on Friday is going to be chaos (and SARS does not allow for delays if the eFiling system goes down). http://www.sars.gov.za/home.asp?pid=56084

 

[Pastel Payroll Consultant]

There have been numerous calls regarding eFiling timing out or the submission from e@syFile into eFiling taking lots of time. This is because there is a massive amount of traffic to the Filing site with many people leaving the submission to the last minute. My suggestion - try after hours or tomorrow when the traffic is less.