What is an employer reconciliation?
The employer reconciliation, or PAYE recon as it is known, is the process where the monthly PAYE deducted from employees are reconciled with the amounts paid over to SARS. This is to ensure that the correct amounts are paid over to SARS. IRP5’s are also issued during this process. These IRP5’s are then used by the employees to submit their personal tax.
This reconciliation has to be submitted to SARS before 31 May 2023. Failure to submit will result in admin penalties being issued.
We can assist to submit to your employer reconciliation.
If you need us to submit your PAYE recon, simply complete the form below. We will then send you a quotation based on the amount of employees.
In order to submit a PAYE recon, your company has to have a public officer appointed at SARS in order to access the tax type. If your company does not have a public officer, an additional charge will be charged for this service. It is advisable to get the process going as soon as possible, as the appointment of a public officer can take up to 21 working days.
If you would like us to submit your PAYE recon but don’t currently have the funds, simply click on the link below. This will give you the option to pay at month end. Once we send you the quote, simply click on the “Pay Later” link in the email and complete the form.
I have over 10 years experience in dealing with CIPC, tax and accounting matters. I have been self employed for the last 5 years. We always strive to give customers the best advise and service possible.