You must register for SDL with SARS by completing the EMP101 form within 14 days after becoming an employer. The Skills Development Levy is a one per cent levy that government imposes on the total company payroll to encourage learning and development in South Africa. You must pay over the PAYE deducted to SARS by the seventh of each month accompanied by a completed EMP201 return. You must deduct tax from employees’ wages or salaries as well as their bonuses, commissions, additional earnings and benefits according to the annual SARS tax tables. You must register with SARS by completing the EMP101 form within 14 days of becoming an employer. Register for PAYEĪs soon as you bring employees on board, you must register yourself as an employer with the South African Revenue Service (SARS) and deduct taxes from employees every month. Let’s look at the requirements in more detail. However, the process can be quite straightforward, provided you’re well-informed about how it works and have the right tools in place to streamline the paperwork. Meeting these requirements may look daunting if you have never run a payroll before. Getting it wrong - failing to register with all the authorities or missing their return deadlines for submissions - can cost your business a fortune in penalties, fines and interest payments. Suddenly, you’ve got a lot more admin to do if you’re to remain compliant with various tax and labour laws and regulations. You’ve started up a new business and hired your first employees, or your one-person band has grown to a stage where you need some extra hands to help you.
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