What’s New?
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30 March 2023 – Employer Annual Declaration opens on 1 April and closes on 31 May 2023
During this period, employers are required to submit their annual reconciliation declarations (EMP501) that reflect accurate and the latest payroll information about their employees, monthly employer declarations (EMP201) for PAYE, UIF and SDL; payments made (excluding penalties and interest paid); and employee tax certificates (IRP5/IT3(a)s generated, covering the full tax year from 1 March 2022 to 28 February 2023. For more information on how we will help you to comply, submission channels, enhancements to e@syFile ™ Employer and more, see our letter to stakeholders. - 27 March 2023 – The PAYE Employer Reconciliation BRS for the 2024 tax year was updated
The PAYE BRS for Employer Reconciliation version 22 1 0 is now published (previous version was 22 0 0). The validation rules for the Directive Information fields have been amended.
- 24 February 2023 – PAYE Employer Reconciliation BRS for the 2024 tax year
The following source codes have been amended: 2025, 2036, 3040, 3231, 3232, 3233, 3234 and 4150.
SMME Newsletters
Read the latest SMME Connect Newsletter. See the previous SMME Connect Newsletters here.
About Us
This page is dedicated to Small Medium and Micro Enterprises (SMME) Taxpayers.
The SMME Taxpayers is a Division in SARS that represents the needs and interests of this sub-segment in the tax environment. This will be done through:
- Providing Clarity and Certainty to Taxpayers
- Making it easy for Taxpayers
- Detecting and deterring Taxpayers who do not comply
- Working with and through Stakeholders to improve the tax ecosystem.
The purpose of this page is to share current and upcoming work being done to achieve the above mandates. If you are a SMME Trader or Traveller, see our dedicated SMME Traders and Travellers webpage here.
See our SMME video ‘A guide on small business taxes in South Africa’ here.
Quick Tools
Mobile Tax Units
See our schedule for the Mobile Tax Units per region. The Mobile Tax Units webpage will be updated on a regular basis. To see the services Mobile Tax Units offer and the documents you need to take with you, click here.
Upcoming education sessions
See our schedule for the upcoming education sessions per region.
How to comply as a Small Business?
Complying with your tax obligations as a small business has been made a lot easier over the past few years. Read below for more information:
- If you are starting out and need to register as a company, you will have to contact the Company and Intellectual Property Commission (CIPC), formerly called CIPRO. Please note that Companies are first required to register with the (CIPC) offices before registering with SARS for an Income Tax reference number, click here for CIPC. Once a taxpayer registered with CIPC, SARS will automatically generate an Income Tax reference number. Taxpayer must then register on eFiling to transact electronically.
- See Registering on eFiling and services available online.
- How to obtain your Tax Clearance Information: As a Small, Micro or Medium Enterprise (SMME), at some point or another you will be required to provide / confirm / share your Tax Clearance information with another entity. This could be to apply for a tender, new contract, good standing or in respect of Foreign Investment.
- Registering for Turnover Tax. Turnover tax is a simplified tax system for small businesses with a qualifying turnover of not more than R1 million per annum. It is a tax based on the taxable turnover of a business and is available to sole proprietors (individuals), partnerships, close corporations, companies and co-operatives. Turnover tax takes the place of VAT (in the instance that you have not decided to elect back into the VAT system), provisional tax, income tax, capital gains tax, secondary tax on companies (STC) and dividends tax. So qualifying businesses pay a single tax instead of various other taxes. It’s elective – so you choose whether to participate. For Tax Tables see below.
- Registering your business for VAT
- Registering for PAYE, UIF and SDL.
- In the case where you are already registered as a company and you meet certain qualifying requirements, you may register as a small business corporation (SBC) in order to get additional tax incentives. One of the incentives for SBCs is a reduced corporate tax rate. Click here to see reduced tax rates for small businesses.
Related Documents
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