Have you ever wondered when to start deducting PAYE for your employees? The answer is quite simple.
SARS makes use of PAYE tables to determine from which amount and how much PAYE should be deducted. The current amount, from 1 March 2020 is R7 479. This means, that when you have an employee that receives R7 479 or more per month in salaries, the company should register for and deduct PAYE. This amount is then paid over to SARS on a monthly basis. This also means that the employee should be provided with an IRP5 every year.
PAYE tables
Click here to get a copy of the SARS PAYE tables.
