Get ready to hit submit on EMP501 submissions

Important to remember

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 EMP501 reconciliation will reconcile the values for the entire tax year of 1 March 2023 – 29 February 2024 and will generate tax certificates for all employees on eFiling.

e@syFile Software

The latest SARS e@syFile Employer version must be used to submit your EMP501 submission. Please visit their website to download the latest version and release notes: Click Here

Please note that the Payspace csv file is only compatible with e@syFile and not eFiling.

Submission Period

The Annual EMP501 Reconciliation Submission period is from 1 April 2024 - 31 May 2024.








How PaySpace can help

We offer three options to help you meet submission requirements and simplify the process.

Integrating cloud services with your ERP

OPTION 1
Let us assist you

Don’t feel comfortable doing it yourself? Let us set up a remote consultation with a PaySpace consultant to walk you through the entire process.

A time and material fee of R1,240.00 (excl. VAT) per hour will apply.

OPTION 2
Let us educate you

Staying Agile: How Payroll and HR Systems Can Adapt with Your Business

Attend our Tax Workshop

Attend this virtual facilitator-led session where one of our PaySpace experts will take you through all the steps in detail right up to the point you click ‘Submit’. Click below for more detail and dates.

OPTION 3
Do-it-yourself

Turning Payroll Data into Gold: Making Smarter Decisions with Payroll and HR Reporting

Well-seasoned, feeling confident, and ready to do the submission yourself? Great!

We have this handy submission guide just for you. 

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Helpful to know

From the 2020 year of assessment, SARS is performing tax calculations on the IRP5/IT3(a) certificates that have been submitted via e@syFile™ Employer. This is known as Employment Taxes Validation (ETV).

Values will be recalculated based on the data provided on the IRP5/IT3(a) certificates. Where it is found that a different amount of tax was deducted from the employee, a letter will be issued, accompanied by a file containing a list of the certificates that have failed the SARS Employment Taxes Validation (ETV).

For more information on ETV, please refer to the SARS website.

We’re here to help

If you are unsure of any of the information above, please do not hesitate to contact us and we will gladly explain the different options in more detail.