How to Pay SARS from FNB or ABSA Banking Apps?

In South Africa, when it comes to paying your taxes to the South African Revenue Service (SARS), convenience is key. Fortunately, banks like FNB and ABSA offer seamless payment options through their banking apps, making it easier than ever to settle your tax obligations. Whether you have an account with FNB or ABSA, you can conveniently make your SARS payments directly from your smartphone or tablet using their user-friendly banking apps.

With just a few simple taps, you can securely transfer the funds and ensure that your tax payments are made on time. No more standing in long queues or dealing with complicated paperwork. The FNB and ABSA banking apps provide a hassle-free way to pay SARS, giving you more time to focus on other important aspects of your life.

Key Takeaways:

• Pay your SARS taxes conveniently using the FNB or ABSA banking apps.
• Save time by making your payments directly from your smartphone or tablet.
• Ensure prompt, secure, and hassle-free SARS payments.
• Avoid long queues and complicated paperwork.
• Free up time for other important tasks by using the FNB or ABSA banking apps.

Making Payments via eFiling

Taxpayers have various payment options when using the eFiling system to make payments to the South African Revenue Service (SARS). One of the options is to set up a credit push, through which the payment request is sent to the taxpayer’s bank for authorization. This method ensures that payments are considered irrevocable, with cancellation only possible before approval.

To make payments via eFiling, taxpayers can choose from a range of banks, including FNB and ABSA. It is essential to reference the correct beneficiary ID and payment reference number (PRN) to ensure that the payment is allocated to the taxpayer’s account accurately. This step is crucial for a smooth and efficient payment process.

By utilizing eFiling and the associated payment options, taxpayers can conveniently and securely fulfill their obligations to SARS. The flexibility and accessibility of eFiling, combined with the support of multiple banks, make it a popular choice for taxpayers when making payments to SARS.

Table: Comparison of eFiling Payment Options

Making payments via eFiling provides taxpayers with a convenient and efficient way to fulfill their financial obligations to SARS. With the support of multiple banks and various payment options, taxpayers can choose the method that best suits their needs and preferences. By referencing the correct beneficiary ID and payment reference number, taxpayers can ensure that their payments are accurately allocated to their SARS accounts. Overall, eFiling offers a streamlined payment process, allowing taxpayers to manage their tax obligations easily.

Making Payments via SARS MobiApp

If you prefer to make your SARS payments conveniently on-the-go, the SARS MobiApp provides a user-friendly platform for making payments using your mobile device. Whether you need to pay based on your Statement of Account (SOA) or the Notice of Assessment (ITA34), the SARS MobiApp offers a seamless experience.

When paying from your SOA, you have the flexibility to choose the amount you want to pay. This allows you to manage your finances according to your needs. However, when paying from your ITA34, it is important to note that the full amount due must be paid.

Once you have selected the appropriate payment option, you can easily check the status of your payment using the result icons displayed on your device. This allows you to stay updated on the progress of your payment and ensure that it has been successfully processed.

Using the SARS MobiApp provides a convenient and efficient way to make your SARS payments. With the ability to pay based on your SOA or ITA34, you have the flexibility to manage your payments according to your financial situation. Stay informed about the status of your payment through the result icons provided, giving you peace of mind that your payment has been successfully processed.

Key Points:

• Make payments conveniently using the SARS MobiApp.
• Choose between paying based on your SOA or ITA34.
• Stay informed about the status of your payment through result icons.

Making Payments via Electronic Funds Transfer (EFT)

Another convenient option for making payments to SARS is through Electronic Funds Transfer (EFT) using your internet banking facilities. This method allows you to transfer funds directly from your bank account to SARS. To initiate the payment, you will need to reference the correct beneficiary ID provided by SARS. It’s important to ensure that the payment reference is accurate to facilitate the identification and allocation of the payment to your SARS account.

Multiple banks, including ABSA and FNB, facilitate EFT payments to SARS. When using your internet banking platform, you’ll find a drop-down listing of pre-loaded beneficiary IDs that are prefixed with “SARS-.” Select the appropriate beneficiary ID that corresponds to your payment, enter the payment amount, and initiate the transfer.

Using EFT via internet banking provides a secure and efficient way to make payments to SARS. It eliminates the need for physical visits to the bank, enabling you to conveniently manage your tax obligations from the comfort of your home or office. Just make sure to follow the instructions provided by your bank and double-check the accuracy of the beneficiary ID and payment reference before confirming the transaction.

Table: Example of SARS Beneficiary IDs for EFT Payments

Table: Example of SARS Beneficiary IDs for EFT Payments.

Other Payment Options for SARS Payments

In addition to the convenient payment methods mentioned earlier, SARS also offers a few other options for making payments. If you find yourself traveling through a SARS Customs port of entry or exit, you can make cash payments right there. It’s important to note that while cash payments are accepted from travelers, traders cannot make cash payments.

For foreign taxpayers who don’t have access to the previously mentioned payment methods, there is an alternative available. Using the SWIFT 103 message and the Beneficiary ID/Account Number “SARS-FOR-999,” foreign taxpayers can make electronic payments to SARS. However, if you have a South African bank account, it is recommended not to use this method.

Remember, when making any type of payment to SARS, it’s crucial to ensure the correct beneficiary ID and payment reference number are used. This ensures that SARS can accurately identify and allocate the payment to your account. Stay compliant and make your payments hassle-free.