S.L. 372.14 Art. 21Payers to forward statement of earnings.

(1) Every payer shall, in respect of each year, prepare and forward, for the purposes of and in the manner set out in sub-rule

(2) and on a form supplied or approved by the Commissioner, a complete and correct Payee Statement of Earnings in quadruplicate which shall be utilized as follows:

(a) the original statement referring to each payee shall be forwarded to the Commissioner together with the Payer’s Annual Reconciliation Statement required to be submitted in accordance with rule 22;

(b) the duplicate and triplicate copies relating to the year 1998 shall be given to the payee by the 31st January of the following year (one copy to be retained by the payee and the other copy to be forwarded by the said payee to the Commissioner together with the return required to be filed under the provisions of article 10 or 11 of the Act) and similarly for each subsequent year: Provided that where the contract under which the emoluments are paid is terminated prior to the 31st day of December of any year, such copies shall, subject to the provisions of rule 28, be furnished to the payee or, in the event of his decease, to his heirs or legal representative, within seven days from the date of the said termination;

(c) the quadruplicate copy shall be retained by the payer for his own records.

(2) The statement of earnings referred to in sub-rule (1) shall contain the personal particulars concerning the payee's identity and other information required for income tax purposes and shall show, as applicable, separate amounts in respect of:

(a) the gross amount of the emoluments paid to the payee in respect of part-time employment qualifying under article 90A of the Income Tax Act;

(aa) the gross amount of emoluments paid to the payee that represents qualifying overtime income and the total number of hours of overtime in respect of which that income was paid;

(b) the gross amount paid to the payee in respect of emoluments arising from any other source;

(c) the tax, if any, deducted in respect of the emoluments referred to under paragraph (a);

(cc) the tax deducted in respect of the income referred to under paragraph (aa);

(d) the tax, if any, deducted in respect of the emoluments referred to under paragraph (b); and

(e) the tax, if any, deducted in respect of the payee's outstanding tax liability, as directed by the Commissioner under rule 10.

(3) Where a payee has not been provided by his payer with a Payee Statement of Earnings in accordance with sub-rules (1) and (2), he may bring the matter to the notice of the Commissioner who may take remedial action accordingly: however, such omission on the part of the payer shall not release the payee from his obligation to forward the return required to be filed under the provisions of article 10 or 11 of the Act.