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
- Create a Tax Copy System / Instance of your February payroll - this will be used to generate your tax certificates and submission files
- 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). This is a mandatory update for all users.
- 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 submission opens *
- 2 April 2021: Public holiday - Good Friday
- 5 April 2021: Public holiday - Family Day
- 7 April 2021: Submit your EMP201 for March 2021
- 27 April 2021: Public holiday - Freedom Day
- 30 April 2021: Deadline for Workplace Skills Plan / Actual Training Reports (Skills Reports) to SETA
* 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.