Can I pay SARS via EFT?

Last Updated on September 21, 2023 by ufiling

SARS provides various payment methods to accommodate different preferences and needs.

To make an EFT payment to SARS, you typically need to follow these steps:

  1. Obtain the necessary payment information: SARS provides payment details specific to each taxpayer, including a unique payment reference number or tax reference number, as well as the banking details needed for the transfer.
  2. Use your banking institution: Access your online banking platform or visit your bank in person to initiate the EFT payment. Ensure that you have the correct payment information provided by SARS.
  3. Enter payment details: Input the relevant details for the payment, such as the recipient’s bank account information, payment reference number, and the amount you wish to pay.
  4. Verify and authorize the payment: Review the payment information for accuracy, and authorize the transfer through the appropriate security measures provided by your banking institution.
  5. Keep proof of payment: After completing the EFT, make sure to save the confirmation or proof of payment. This documentation is crucial for any future reference or potential queries.

It’s important to stay updated with the latest information and procedures from SARS regarding payment methods and requirements. For any specific questions or clarifications, it’s best to consult the official SARS website, contact their helpline, or seek assistance from a qualified tax professional.

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