For tax practitioners. 16 October 2008 Sars. SARS today unveiled its latest instalment of the free e@syFile suite of software aimed at assisting tax practitioners complete and submit income tax returns on behalf of their clients. E@syFile for Tax Practitioners was unveiled at the annual national convention of the South. SARS Submissions. Employers are required, twice a year, to reconcile their IRP5 / IT3 (a) tax certificates; the EMP201/EMP501 statements; and the actual payments made to SARS, by using the e@syFile software provided by SARS. The February 2021 reconciliation relates to the full 2021 tax year (March 2020 – February 2021).
Submission details
Select the tax year. Select the tax year for which you want to do a submission.
Example:
You want to do a submission for August 2013. This is part of the 2014 tax year, so select ‘2014’ from the list. Select the submission period. Select the period of the tax year you want to do a submission for. The options are:
- Mid Year (first 6 months of the tax year), and
- Tax Year End (full tax year).
The mid year submission is normally due by the end of October and the tax year end submission is normally due by the end of May.
At the end of each tax year, employers must issue tax certificates to all employees who worked during the tax year (March to February). Employers must also send copies of the tax certificates as well as a reconciliation to SARS.
You can generate tax certificates and the file to import into e@syFile once:
- you have rolled your company out of February and
- you have made payment for all payroll periods processed in the tax year.
Select the type of submission
Sars Easyfile Helpline
You have the option to do generate Live certificates or to do a re-submission. Your first submission for a specific period will always be a Live submission. Tax certificates are generated for all employees in your company with any financial values that have to be reported to SARS.
A re-submission is done if you have to submit corrections to a submission already made to SARS. You can do a re-submission for all or selected employees.
Cycle details
Once you have made your selections, a list of cycles that fall within the selected reporting period is displayed. The Create tax certificates button will only enable if all the cycles in the selected period are valid.
You can do a mid year submission if:
- the cycles have rolled past August, or
- the cycles have been flagged as closed.
Cycles should only be flagged as closed if they are no longer in use (i.e. the company/division has closed). You can do a tax year end submission if:
- the cycles have rolled past February, or
- the cycles have been flagged as closed.
Create tax certificates
Click on the Create tax certificates button once all your selections have been made and all cycles included in the submission are valid.
An error report is generated if there is outstanding or incorrect information required to generate valid tax certificates. All errors must be corrected before a successful submission can be done. Also take note of the warnings that are generated. You are still able to do your submission when there are warnings, but not making these corrections might result in admin penalties by SARS.
If there are no errors, the following popup will display:
Click on OK, then browse to the destination where you want to save the file. You need to type in a file name, then click on Save.
It is suggested that the file is saved to a local drive, as you cannot import files into e@syFile from a network drive.
Sars Easyfile Download 6.5.1
Click OK on the message indicating that the file was successfully saved. Three tabs are now open on your Tax Certificate Submission view:
- Tax Certificates: These are the individual tax certificates to print and hand out to your employees.
- Reconciliation Report: This report gives a 12 month breakdown of each employee’s tax certificate values.
- EMP501 Reconciliation Report: This report gives a monthly breakdown of your Tax, SDL and UIF values. Use this report as well as the EMP201s you submitted to SARS every month to complete the EMP501 reconciliation on e@syFile.
| Sandysays: 16 March 2016 at 14:33 If I am a sole proprietor and am registered for PAYE/UIF, as I employ one individual, and have paid PAYE for myself during the 2015-2016 tax year so that I don't get hit with a big Income Tax bill at the end (this is over and above the two provisional tax amounts I have paid) - how do I declare this tax paid on an IRP5? Do I declare an income amount even though my accounts have not been finalized or do I leave the income amount blank but complete the 4102 PAYE code on Easyfile? This entry was posted in Tax Q&A and tagged Salary / IRP5, Provisional Tax. Bookmark the permalink. |
Sars Easyfile Problems
| TaxTimsays: 17 March 2016 at 12:59 Do you work through a company? |
Sars Easyfile
| Sandysays: 17 March 2016 at 13:20 No, as I said I am a sole proprietor registered for PAYE as I employ one person. |
| TaxTimsays: 17 March 2016 at 14:05 You actually should only be paying PAYE for your employee. Since you are a sole proprietor, you are not an employee yourself and should be paying provisional tax (and not PAYE) on your earnings. Since you have paid tax for yourself, you could declare the income amount on which the tax has been paid. Please make use of our SARS income tax calculator to work this out. For example, if you paid R4,743 tax for the year, you could declare a salary of R100,000. |
| Sandysays: 18 March 2016 at 8:56 Thank you! |
| TaxTimsays: 18 March 2016 at 11:57 Only a pleasure! |