Employer filing season starts on 01 April 2014
Important date to remember! The employer filing season for EMP501 submission starts on 01 April 2014 and will run until 30 May 2014. SimplePay has done the updates to comply with the new e@syfile layout. Changes you need to know:
– The new SIC (standard industrial classification) codes have been implemented. You can now setup your company with your specific industry information.
How to do this setup:
In your payroll, go to settings and select the ‘Employer filing details’ option. You will be required to fill in the company information required by SARS, as well as the new industry classification codes. Important, your SIC code needs to be 5 digits! But don’t worry, SimplePay has already done most of the work, you just need to select the correct options!
If you would like more assistance in setting up your SIC codes, and also a help guide to do your annual reconciliation and submission, follow the below link to visit the help section.
The SimplePay team.