All employers must get ready to start submitting their 6 months’ interim reconciliations for PAYE, UIF and SDL before the 31 October 2016 deadline. You need to prepare and reconcile the employee tax certificates for the period 1 March 2016 to 31 August 2016.
Make sure that you have an automated solution in place that can generate the reconciliation on the latest format required by SARS e@syFile since a new version, 6.7.0 was launched recently. This new e@syFile release includes new formats and validations for the tax certificates and if your payroll software has not been updated with the latest requirements your reconciliation imports will fail.
If you need more info about this year’s interim reconciliation season, please visit www.sars.gov.za
To download the latest release of SARS e@syFile, go to http://www.sarsefiling.co.za