Several employers are still experiencing problems with the timeous issuing of employees tax certificates (IRP 5 forms) to their employees. These employers have approached SARS for an extension of time for issuing employees tax certificates and the submission of IRP 501 reconciliation statements.
Due to the importance of these certificates for the submission of a reconciliation statement, SARS has decided that no steps will be taken against those employers who are unable to submit their reconciliations on or before 23 June 2000.
It must be emphasized that this does not represent a general extension for all employers but merely a concession to those employers who are unable to issue their employees tax certificates timeously.
Employers who require an extension beyond 23 June 2000 will have to apply to their local Receiver of Revenue for extension to prevent legal proceedings being instituted against them for the late rendition of their reconciliation statements.
ISSUED BY THE COMMISSIONER FOR THE SOUTH AFRICAN REVENUE SERVICE