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Great news! SARS has introduced a new system for seamless payments

by , 12 November 2014
SARS has been very busy lately.

Last month, it introduced a new Income Tax Return for Trusts (ITR12T) and from the 1st of November it introduced a new function that allows you to merge all your taxes under a single eFile profile.

Now there's another new development. The revenue service has revealed its new Payment Advice Notice.

Here's what you need to know to use it to make seamless payments...

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Know the Law on Avoiding Tax: You Are Now Presumed GUILTY

Dealing with SARS and acing your SARS Audit

SARS has been dealt a better hand in dealing with you if you try to avoid tax. SARS knows where it stands. The question is: do you?

Do you plan on obtaining an 'innocent' tax benefit? If your main or only reason for entering into any arrangement is to receive a tax benefit, SARS will brand you guilty of avoiding tax...and guess who has to prove their innocence… YOU!

Here's another situation where SARS has the upper hand.


Here's how the Payment Advice Notice works

If you're an eFiler, you can continue to pay via eFiling. You won't need the PAN as the payment will have the correct reference.
But if you want to pay over-the-counter at a bank or via an electronic bank transfer (EFT), once you've decided which item(s) you wish to pay, you have two ways to get a PAN:
  • As an individual, you'll be able to get the PAN using the 'General Unpaid' function on eFiling.
  • Tax practitioners and employers/organisations will be able to use the 'General Unpaid' function on eFiling or the new 'Payment advice notice' function under the 'Payments' section on eFiling.
If, for example, you don't want to proceed with the payment, you can cancel it before confirming it. This will result in the transaction being saved under 'General Unpaid' where you can then print the PAN to use at the bank.
When selecting an item from 'General Unpaid', the item(s) to be paid will be printed on the PAN. Tax Practitioners and employers/organisations also have the option (under 'Payment Advice Notice') to select multiple items printed on the PAN as line items and a total will be printed on the bottom section of the PAN.
To get a better understanding of the Payment Advice Notice, check out the 'Guide to the Payment Advice Notice functionality on eFiling' on the SARS website.
Alternatively, if you have any questions, direct them to our experts at the Accounting & Tax Club.

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