SARS WARNS EMPLOYERS OF EMP501 SUBMISSIONS DEADLINE

Heavy consequences for non-compliant employers.

SARS opened the annual employers tax season on 1 April 2020 and confirmed the closing date as 29 May 2020. With the deadline drawing closer, employers are warned to ensure they submit their payroll data accurately and timeously to avoid a penalty of up to 10%.

While HR departments are not running on full capacity and the majority of employers have been on lockdown for the duration of this years’ filing season, there is no excuse for non-compliance.

Our team of tax and legal specialists have the necessary tools to help guide you to full compliance during this filing season.