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Is my business liable for PAYE as soon as I register?



Marvin says:
22 March 2016 at 14:48

I registered my SME for PAYE in December 2015. When do I become eligible to start paying PAYE? I'm the only employee and my salary is tax deductible?

TaxTim TaxTim says:
23 March 2016 at 11:00

You probably should have paid PAYE on January salary which would have been due 7 Feb 2016. Sometimes however, there can be a one month delay between registration and when PAYE becomes due so it may have been due only 7 March 2016. Do check with SARS on 0800 007 277 ASAP as they will slap on a 10% PAYE penalty if payment is late. You could also run a EMP201 Statement of Account to see if this has occurred yet.

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