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Business Report writes that the SA Payroll Association (Sapa) has laid down a marker for the SA Revenue Services (Sars) over what is called an ongoing account errors affecting some of the country's biggest companies.
The organisation said on Monday that it would be meeting with Sars acting head Mark Kingon later this month to highlight the issues received from its members and request resolution from Sars. But should solutions not be found, Sapa would be approaching the Tax Ombud for resolution. Sapa charged that when large organisations submitted their EMP201 returns to Sars it was indicated how much has been deducted from their employees’ pay for tax purposes by way of PAYE, UIF and Skills Development Levy. Sapa’s issue was that Sars then compiled all this information into journals, but there were no particular reasons for these journals and no one in Sars could explain what purposes they served. But, these journals often resulted in accounting errors, and subsequently an underpayment was erroneously reflected on a particular company's statement of account. Sapa said it would ask Kingon to set up a committed team or point of contact at Sars to deal with any statement of account issues that might arise.
- Read the full original report by Kabelo Khumalo at Business Report
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