Opaido · Glossary · Topic
Submissions
SARS and statutory filings - EMP201, EMP501, IRP5, UIF declarations and more.
Return of Earnings (ROE) The Return of Earnings is the annual submission employers make under COIDA, declaring total employee earnings so the Compensation Fund can calculate the OID assessment.EMP101 The EMP101 is the form an employer submits to SARS to register for PAYE, UIF and SDL.EMP201 The EMP201 is the monthly declaration South African employers submit to SARS, reporting PAYE, UIF and SDL withheld from employees that month.EMP501 The EMP501 is the bi-annual employer reconciliation declaration that reconciles a year's EMP201 filings, payments and IRP5/IT3(a) certificates with SARS.EMP501 reconciliation The EMP501 reconciliation is the half-yearly and annual process of reconciling an employer's EMP201 declarations to the IRP5 and IT3(a) certificates it issues.IRP5 / IT3(a) An IRP5 (or IT3(a)) is the annual tax certificate an employer issues to each employee, summarising income earned and tax withheld for the tax year.IRP5 source codes IRP5 source codes are the numeric codes that classify each earning, deduction and benefit on an IRP5 or IT3(a) certificate, such as 3601 for normal income.IRP6 The IRP6 is the provisional tax return a provisional taxpayer submits to SARS, estimating taxable income and paying tax on it ahead of the annual assessment.IT14SD The IT14SD is a supporting declaration SARS requests from a company reconciling its income tax, VAT, PAYE and customs figures against each other.IT3(a) certificate An IT3(a) is the tax certificate issued where remuneration was paid but no PAYE was deducted - the non-taxable counterpart of an IRP5.ITA34C The ITA34C is the notice of assessment SARS issues to a company after processing its ITR14 income tax return.ITR14 The ITR14 is the annual income tax return a company files with SARS, declaring its income, deductions and taxable income for the year.SARS submission A SARS submission is any return an employer files with SARS - the monthly EMP201, the EMP501 reconciliation and the IRP5 certificates that go with it.Special Economic Zone (ETI) A Special Economic Zone (SEZ) is a designated area where the Employment Tax Incentive applies on relaxed terms, notably without the usual age limits.SIC code (Standard Industrial Classification) A SIC code is the Standard Industrial Classification code identifying an employer's industry; it gates ETI eligibility and appears in EMP501 reporting. The SIC7 revision is a distinct code set.UI-19 Form The UI-19 is the form an employer completes to declare an employee's termination to the Department of Employment and Labour, enabling a UIF claim.UI-8 The UI-8 is the form used to register an employer with the Unemployment Insurance Fund.UIF declaration The UIF declaration is the monthly submission employers make to the Department of Employment and Labour, reporting employee UIF contributions via U-Filing or the SARS EMP201 channel.
