USING A PAYROLL SYSTEM

To simplify your monthly statutary obligations to SARS use a payroll system. I use Softline VIP for myself and my clients.

Softline VIP provides you with regular updates and support.You can provide your employees monthly, weekly or bi-weekly professional payslips.

To keep a proper payroll system you need to keep the following information of your employees:

* Copy of a ID document

* Bank account details

* Adress

* Income tax reference number

You will also need this information to submit the annual EMP 501 reconciliation to SARS. You submit all IRP 5 and IT 3(a) certificates of your employees together with this EMP 501 form.

Use Easyfile to do this reconciliation. It can be downloaded here

Softline VIP

Easyfile