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  • PAYE

    PAYE recon

    All employers can start to submit their PAYE recon from 1 April 2019. This recon will cover the whole financial year, from 1 March 2018 to 28 February 2019. The deadline for submission is 31 May 2019. It is very important to keep accurate records of the monthly wages and salaries paid. Also to keep records of the employees’ personal details, such as address and banking details. All this information will have to be completed on the IRP5. After the PAYE recon is completed, it is submitted to SARS. And a copy of the IRP5 must be provided to every employee. The purpose of the PAYE recon is to compare…

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