The IRP5 document is one of the most important documents for employees as they are required to submit it as part of their annual tax returns. It includes:
- The employee’s personal details
- Details of the employee’s earnings i.e. salary, bonus, etc.
- Details of the employee’s deductions i.e. pension, medical aid, etc.
- PAYE paid over to SARS by the employer.
Physically, printing and issuing of this document is a thing of the past. PayDay Visual is a whole new world of paperless technology that will help you streamline your HR processes and give your employees the convenience of instantly accessing their processed IRP5’s online and the option of printing them in their own time.
- View live leave balances.
- Online leave applications and overtime claims follow an automatic approval process before updating on the live system.
- Leave an overtime matrices are available to managers.
- PDF payslips can be printed or emailed.
- It provides direct access to view and print current and previous payslips as well as IRP5's.
- Payslips for the past 11 months are available.
- All IRP5's since 2006 are available.
- It allows for electronic updates of basic employee details by the employee himself/herself, e.g. bank details, address, etc.