Opaido · Wiki · 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.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.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.Tax directive A tax directive is a SARS instruction telling an employer or fund exactly how much tax to withhold on a specific lump sum or irregular payment, overriding the standard PAYE tables.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.
