Summary
Steps to process foreign income for an employee outside South Africa on Sage VIP Premier on Sage VIP Classic. The employee doesn't qualify for a tax exemption, or their income exceeds the 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 or foreign exemption tax record.
Select Transferred as the termination reason status. - Add a new tax record for the employee.
Set the date engaged to match the original tax 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.
- In the Tax Details section, enter FI in the routing box and press Enter.
- Select a tax status that calculates tax, such as Statutory Tables.
- Include the employee for Unemployment Insurance Fund (UIF) and Skills Development Levy (SDL) calculations.
- Select Save and Close, then Close to return to the Main Menu.
Any income you process on this record counts as foreign income. The system calculates tax, UIF, and SDL automatically.
When the employee returns to South Africa, you'll need to terminate this record, and create a new tax record.