SARS Source Codes Relating to Payroll Course

SARS requires that all items on the IRP5 / IT3(a) certificates are reported under specific codes, in order for the correct tax treatment of an entry be treated in the hands of the taxpayer. As a payroll administrator it is one of the most important parts of the payroll process and searching for source codes on the internet can only assist you so far.

This course wishes to assist the learner wanting to understand SARS source codes, and how to effectively apply them on the IRP5 and IT3 certificates issued to an employee. Any mistake made on a tax certificate will cost the taxpayer in the end.

Topics Discussed:

• Obligations of an employer relating to Employee Income Tax Certificates

• Source codes – from 2024 and 2025 financial years

• Normal Income Codes

• Allowance Codes

• Fringe Benefit Codes

• Lump Sum Codes

• Gross Remuneration Codes

• Definitions, Acronyms and Abbreviations

• Document Management

All Included:

• Recording of the session

• Q&A with the presenter

• Downloadable course material

• Certificate of training

• Assessment (optional)

• SAIT Accredited (2 verifiable CPD hours)

The Presenter:

Ruzel van Jaarsveld

Ruzel has over 26 years financial and bookkeeping experience, working with many industries and corporate environments, with extensive knowledge and practical application of trial balance, payroll, VAT, PAYE returns, Inventory control, Management Accounts, E-filing and Procedures of Importing and Exporting.

Ruzel is a seasoned appointed facilitator with Biz Facility, and for numerous years has been presenting various national practical financial workshops to business owners and corporate financial staff.