Since the introduction of SARS’s new IT14SD form, it is now imperative that your business submits its IRP5 Reconciliation on time with the correct statutory amounts deducted from employees on a monthly basis. Oversight or simple mistakes may result in SARS disallowing certain expenses and hit you with hefty penalties and/or interest.
By reading this free e-book, you will find:
– An 8 point checklist to ensure that you complete your recon correct, first time around.
– A better understanding of what exactly SARS wants you to reconcile, and
– Guidelines that will allow you to create a failsafe internal structure to ensure you never fail a SARS review.