Often when I create a custom item, the code shown on the tax certificate is slightly different than expected. Is there a way to check what the code will be before going ahead and using the custom item for 6 or 12 months?
Below are the codes used to record custom items on SimplePay:
- Custom Income – Code 3601
- Custom Income (marked as Overtime) – Code 3607
- Custom Allowances – Code 3713
- Custom Benefits – Code 3801
- Custom Employer Contributions and Custom Reimbursement items are non-taxable and not reported on tax certificates.
You can then check how these items are reported on the tax certificate under Filing > Bi-Annual Filing (IRP5s etc.).
You can also base the custom item on one of our system items below. These items are set up to ensure that they are reported under the correct codes:
- Commission
- Once Off Commission
- Employer Loan
- Garnishee
- Maintenance Order
- Savings
- Provident Fund
- Subsistence Allowance Local
- Subsistence Allowance International
- Travel Allowance
Refer to the Custom Items and SARS Codes pages for more information.