Fast, efficient PAYE Registration
PAYE registration can be a time-consuming distraction – made even more demanding by the prospect of stringent penalities for inaccuracy or non-compliance.
PAYE registration is a once-off process for every business that employs employees. Anyone who provides a service for remuneration to your business and acts under your control is considered an employee for the purposes of PAYE registration.
PAYE returns must then be made every month to SARS in the form of an EMP201. This is a constant administrative burden on your business.
You don’t have to do it all yourself – let us help you with PAYE registration and PAYE administration.
Our PAYE specialists are fast and efficient, and we are completely confidential.
We’ll look after your PAYE registration and administration so you can concentrate on running your business.
How often must an employer deduct PAYE from an employees salary?
As an employer you must deduct PAYE weekly, fortnightly or monthly depending on the employees’ remuneration schedule. The amount to be deducted is determined by the tax tables that SARS issues.
Who needs to apply for PAYE registration?
Any employer must undergo PAYE registration within 14 days of becoming an employer. This is the necessary first step in being able to meet the legal requirements of paying PAYE on behalf of employees.
From then on, PAYE must be paid to SARS monthly, within 7 days or the last working day earlier should the 7th fall on a weekend from the end of the month for which the payment is made.
Once I have registered for PAYE how do I make PAYE payments?
PAYE payments are made by completing and submitting a monthly Employer Declaration (EMP201). This must contain the total PAYE payment amount, as well as allocations for Skills Development Levy and/or UIF. A unique payment reference number appears on the form, which is used to match it to your actual payments.
You can make PAYE payments in a number of ways:
Note that, if paying by cheque, no cheque amount may exceed R500 000.
Also note that if your PAYE exceeds R10-million for any 12-month period, declarations and payments must be submitted electronically.