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  • Important Update: TERS and 'Covid-19 relief fund organisation' payment IRP5 codes

    On 23 April 2020, SARS released the original PAYE BRS (V19.3) which confirmed the IRP5 code to be used for TERS payments (i.e. IRP5 code 3724). On 25 April 2020, SARS published FAQ’s for employers to explain the tax relief measures. This page has been…

  • New IRP5 codes for TERS payments and contributions by employers on behalf of employees towards Covid-19 disaster relief funds

    SARS published a new PAYE Business Requirements Specification V19.3 on 23 April 2020: 23 April 2020 - Updated PAYE BRS for Employer Reconciliation (2020 release) version 19.03 The PAYE BRS for Employer Reconciliation (2020 release) has been updated…

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