Financial matters online: Excellence guaranteed, trust inspired
LiveZilla Live Help

Join 8,000 other satisfied clients by registering today or login below.



  |  

Register | Forgot Password | Secure Login

Tax Season 2010 here
2010-07-02

it’s difficult to believe that it is date time of the year again, income tax returns can be filed as from the 1st of july 2010.c

Annual CC/ Company returns
2010-03-23

cipro has announced they will de-register all cc's/companies who haven't submitted their outstanding annual returns before

Provisional tax returns due before end of the week
2010-02-23

provisional tax returns for the period 2010 for all businesses are due before the end of the week

All News | All Archived News

Register a business for Pay As You Earn (PAYE) and Unemployment Insurance Fund (UIF) with SARS

You have to be a registered user to submit the online application form below.

Registration is free and will take 1 minute. REGISTER HERE.

(Please ignore this message if you are already  logged in).


TO REGISTER YOU BUSINESS FOR UIF ONLY WITH THE DEPARTMENT OF LABOUR PLEASE CLICK HERE


Before submitting the form below please read through the following information :


What is Pay as you Earn(PAYE) and Unemployment Insurance Fund (UIF) and who needs to register for it?

If you run a business and have employees earning more than the monthly tax threshold the business needs to register for PAYE. If all employees earn less than the tax threshold you still need to register for UIF. The tax threshold for the 2010 financial year is R54 200 annually or R4 516monthly (amount where no tax needs to be deducted). If the business owner/member etc draws a salary from the business he/she will also need to pay over PAYE and UIF except if the business is run as a sole proprietor.


1. How does it work?

Step 1 - fill in the form below

Step 2 - pay the R495 online via credit card or any other way.

Step 3 - send through all info/documents, as required on this page, to us to finalize registration.

We do the rest. As soon as the business is registered for PAYE/UIF you will receive an email stating your PAYE/UIF number.


2. What is the turnaround time? 

A PAYE and UIF registration takes on average 30 working days.


3. What happens afterwards?

As soon as your business is registered for PAYE and/or UIF, you wil have to deduct the correct amount of tax, based on SARS's tax tables, from the employee as well as the correct UIF amounts. UIF deductions are calculated as 2% of the employee's gross salary. 1% gets deducted from the employee's gross salary and the employer also contributes 1%. These entire amount must be paid over to SARS before/on the 7th of each month. You will also need to submit a EMP201 form  to SARS monthly. This will be for the month that has just passed, e.g. February's tax and UIF deductions from salaries need to be paid over on the 7th of March. As a myfinance-online.co.za user you will be able to ousource your payroll to us at a very affordable price. Visit our Payroll Solutions section for more info in this regard.


Additional forms/information that must be send to us after completing the form below:


1. Original cancelled cheque or original letter from your banker stating the business' banking details.
2. In case of a company/trust/CC/partnership copies of the incorporation certificates (CK1) as well as copies of the  ID's of the 2 most senior partners/member/trustees.
3. Copy of ID of Representative Employer or copy of the owner (in case of sole proprietor)
4. Recent copy of business municipal account OR recent copy of residential municipal account of individual, partner or representative employer

5. Download the "Representative Employer" form as well as the "Letter of Authority"  below and post to us.


All these forms/info can be submitted to us after you have completed the form below.


Please note: if your business gets registered for PAYE it will automatically be registered for UIF.

Your business must be registered for income tax before you can apply to register for a PAYE number

To register your business for income tax click here
 

As you are not logged in, you won't be able to complete this form.

This service costs R 495.00. This form will be added as "Register a business for Pay As You Earn (PAYE) and Unemployment Insurance Fund (UIF) with SARS" in your basket.
Please make sure information on this form is entered correctly as we rely heavily on information supplied. Incorrect information will cause a delay in the service.

Required Information

















Particulars of representative employer help message







Payroll Information



Responsibility

Please indicate who will be responsible for the monthly PAYE (EMP201) returns submission to SARS



Required Additional Form(s):

To enable us to complete the process please download and sign these forms and fax or scan and email them back to us.
If (original required) is indicated next to a form, you need to post them to us.

- you need to be logged in for this to work.

Back to all services.







SA Topsites ::