RSA: IRP5 Codes

New IRP5 Codes have been published in the latest SARS BRS. We have made these new codes available on the applicable definition screens.

We are not converting any Definition Lines, because we cannot establish which lines in the current setup are used for the items that now have dedicated IRP5 Codes. You need to allocate the IRP5 Codes on the applicable Definition Screens.

IRP5 Codes

From 1 March 2019 the following IRP5 Codes (as published in the BRS) are applicable:

IRP5 Code	Description	Available on the following Definition Screens
3607	Overtime (PAYE)	Earnings, Calculation and OWN Screens
3833	Bargaining Council Employer Contributions (PAYE)	Deduction Definitions (CC Taxable, CC IRP5 Code) Perks Tax Definition (You can select the code to change the definition of an existing line)
3834	Loan to purchase immovable Residential Property (Excl)	Deduction Definition (CC IRP5 Code)
4585	Employer’s pension fund contributions paid for the benefit of an employee or former employee who has retired from the fund and qualifies for the “no value” provisions in the 7th Schedule [par 12D(6)] This is the employer’s portion of the pension fund contribution — • for the benefit of a member of the fund who has retired from the fund, or • i.r.o. the dependants or nominees of a deceased member of the fund.	Deduction Definition (CC IRP5 Code
4586	Employer’s provident fund contributions paid for the benefit of an employee or former employee who has retired from the fund and qualifies for the “no value” provisions in the 7th Schedule [par 12D(6) This is the employer’s portion of the provident fund contribution — • for the benefit of a member of the fund who has retired from the fund, or • i.r.o the dependants or nominees of a deceased member of the fund.	Deduction Definition (CC IRP5 Code)

Impact on System Calculations

The new IRP5 Codes have the following effect on the various system calculations:

	3607	3833	3834	4585	4586
Taxable	Yes	Yes	No	No	No
SDL	Yes	Yes	No	No	No
UIF	Yes	Yes	No	No	No
RFI	Yes	Yes	No	No	No
ETI Remuneration	Yes	Yes	No	No	No
Fund Remuneration for Tax Deductible Limit	Yes	Yes	No	No	No
Balance of Remuneration	Yes	Yes	NO	No	No

These new IRP5 Codes will only print on the IRP5 Certificates and IRP5 Submission File from Release 5.3a.