Employer Annual Reconciliation Filing Deadline – 30 May 2014
30 April 2014
Posted by: Author: SARS
The annual employer reconciliation deadline
is 30 May 2014. The reconciliation is for the period 1 March 2013 to 28 February
2014. Employers must file as soon as possible to allow sufficient time to resolve
issues which may arise.
steps to ensure the 2014 Employer Annual Reconciliation period goes smoothly:
1: Visit the SARS website to download the required e@syFile™
employer software. e@syFile™ Employer has
been updated recently.
downloading the latest version of e@syFile™ Employer from the SARS website, it
is recommended to perform a back-up of current data and information on computer.
Instances has been reported where the latest version of e@syFile™ Employer deletes
current / past data.
2: Import the electronic IRP5 files in CSV format
from your current payroll system into e@syFile™ Employer.
3: SARS recommends that employers prior to submitting
the reconciliation – ensure that critical items be updates, like the postal
address information of employees, as the old unstructured postal address format
won't be accepted by e@syFile™ Employer.
Employers are warned that the law empowers
SARS to impose penalties for failing to submit returns, or late or inaccurate
submissions, or reconciliations which don't balance.