February
Important dates/deadlines
- 24 February 2021: Budget Speech for 2021/2022 tax year
- 28 February 2021: End of tax year 2020/2021
Task to complete
- Complete your final payroll for 2020/2021 tax year
- The system will automatically create a Tax Year-end Instance of your February 2020 payroll - this will be used to generate your tax certificates and submission files. Access the new instance and review access of your users (who should be able to access the system)
- If possible, print the IRP5/IT3a Validation report to identify possible error or outstanding information
- If possible, reconcile your payroll values (EMP501 History Report) with your monthly EMP201 declarations and payment for PAYE, SDL, UIF and ETI
March
Important dates/deadlines
- 5 March 2021: Submit your EMP201 for February 2021 (the 7th falls on a Sunday)
- 21 March 2021: Public holiday - Human Rights Day
- 22 March 2021: Monday following public holiday on a Sunday
Task to complete
- Update your live payroll to Release 5.6a (scheduled to be release 10 March 2021). The Super User will have the option to update the system when launching the application after release.
- Attend Payroll Tax Update 2021 presented by Rob Cooper (click here for more details)
- Review all payroll records and print the IRP5/IT3a Validation report to identify possible errors or outstanding information
- Reconcile your payroll values (EMP501 History Report) with your monthly EMP201 declarations and payment for PAYE, SDL, UIF and ETI
April
Important dates/deadlines
- 1 April 2021: Submission opens for Workman's Compensation Return of Earnings (W.As.8)
- 1 April 2021: Employer Annual Reconciliation opens *
- 2 April 2021: Public holiday - Good Friday
- 5 April 2021: Public holiday - Family Day
- 7 April 2021: Submit your EMP201 for March 2021
- 15 April 2021: Employer Annual Reconciliation opens *
- 27 April 2021: Public holiday - Freedom Day
- 30 April 2021: Deadline for Workplace Skills Plan / Actual Training Reports (Skills Reports) to Setas
* As per SARS Notice on SARS website
Task to complete
- Review all payroll records and print the IRP5/IT3a Validation report to identify possible errors or outstanding information
- Reconcile your payroll values with your monthly EMP201 declarations and payment for PAYE, SDL, UIF and ETI
- Submit Employer Annual Reconciliation (EMP501 and tax certificates) to SARS through SARS e@syFile
May
Important dates/deadlines
- 1 May 2021: Public holiday - Workers' Day
- 7 May 2021: Submit your EMP201 for April 2021
- 31 May 2021: Deadline for submission of Annual Employer Reconciliation
- 31 May 2021: Deadline for submission of Workman's Compensation Return of Earnings (W.As.8)
Task to complete
- If you still have not completed the preparation for submission:
- Review all payroll records and print the IRP5/IT3a Validation report to identify possible errors or outstanding information
- Reconcile your payroll values with your monthly EMP201 declarations and payment for PAYE, SDL, UIF and ETI
- Submit Employer Annual Reconciliation (EMP501 and tax certificates) to SARS through SARS e@syFile before 31 May 2021*
* Avoid the rush and long queues for assistance by submitting as soon as possible.