Summary
Steps to process foreign income for an employee outside South Africa on Sage VIP Premier on Sage VIP Classic. The employee qualifies for a Section 10(1)(o)(ii) exemption.
Description
When you process a tax record with foreign income activated, the system includes all the required details for SARS to assess any exemption.
The system design allows each tax record to contain either local or foreign IRP5 source codes, not both. An employee will therefore have multiple tax records when they work inside and outside South Africa.
Create separate tax records for:
- Income that qualifies for a Section 10(1)(o)(ii) exemption
- Income that exceeds the exemption limit or doesn’t qualify for the exemption
Always refer to the Payroll Tax Pocket Guide for the latest legislative requirements when you process foreign income.
Resolution
- Access your South African company from the Company Listing screen.
- Terminate the employee’s local tax record, if required.Select Transferred as the termination reason.
- Add a new tax record for the employee.
Set the Date Engaged to match the original record.Set the IRP5 Start Date to the current period when the employee works outside South Africa. - Select Statutory Details tab on the Employee Information screen.
- Enter FI in the routing box, then press Enter.
- Change the Tax Status to No Tax.
- Set the Unemployment Insurance Fund (UIF) Non-contribution Status to Exempt Foreign Inc.
- Flag Learner/Excluded for Skills Levy to stop SDL calculation.
- Select Save & Close, then Close to return to the Main Menu.
Any income you process on this record counts as foreign income exempt from tax.
The system doesn’t calculate the Unemployment Insurance Fund (UIF) or Skills Development Levy (SDL) on this record.
When the employee returns to South Africa, terminate this tax record and create a new local tax record.