Tax Guide 2022 / 2023
South Africa’s Finance Minister, Enoch Godongwana, has outlined the new tax brackets for personal income taxpayers in his 2022 Budget Speech 2022.
• Six-month period 01 March 2021 to 31 August 2021.
• Amounts generated on IRP5 declaration to balance with monthly EMP201 submissions and payments made.
• No IRP5’s to be issued to employees when half-yearly submissions are made.
• Don’t miss the deadline to avoid paying penalties and interest.
If you need any assistance with the completion and submission of your EMP501, give us a call!
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Read MoreSouth Africa’s Finance Minister, Enoch Godongwana, has outlined the new tax brackets for personal income taxpayers in his 2022 Budget Speech 2022.
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