SARS Notice: PAYE Administrative Penalties

SARS Notice: PAYE Administrative Penalties

In June 2021, the South African Revenue Service (SARS) introduced the PAYE Admin Penalty, enabling the imposition of administrative penalties for the failure to submit EMP501 reconciliations on time. This penalty structure was divided into three phases, with the first two phases already implemented in June 2021 and April 2022, respectively. Currently, SARS is in

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