If you want to make a payment to SARS, you can use any of the following banks: FNB, Absa, Standard Bank, Nedbank, and Capitec. EFiling sends a payment request from SARS, and you should authorize the payment from your bank. The correct payment reference number and beneficiary ID should be used whenever you make a payment to SARS from your bank account. Read on to learn how to pay SARS
How Do I Pay SARS Through Absa Online Banking
To pay SARS through Absa online banking, visit the Absa website home page and log into your account. If you are using the Absa Banking App for the first time to pay SARS, follow the steps below:
- Click “Pay”
- Go to “Pay New Beneficiary”
- Enter the beneficiary name (SARS), banking details, SARS reference number, your reference number, and method of payment notification
- Click next to proceed to the payment page.
- Enter the amount you want to pay
- Select “Immediate Interbank Payment”
- Click next
- Confirm your payment details and click “Accept and Pay”
- You will get a final payment confirmation. Click on the tab to confirm your payment.
- You will get a message confirming that your interbank payment has been successful.
It is important to secure your online baking details by logging out after using the banking app. More importantly, use a reliable and secure internet connection.
How Do I Authorize SARS With FNB?
If you want to make a payment to SARS via FNB bank, eFiling first sends a payment request showing the amount you should pay. The request is an instruction to the bank to make the payment, and the account holder, who is the taxpayer, needs to authorize it. This form of payment is known as the credit push, and it is irrevocable.
You can only complete a credit push payment when your account has the funds. Additionally, you can only cancel the transaction before it is approved. Once you process your SARS payment on eFiling, you must authorize it on your online banking platform so that it is released to its final destination.
Follow the steps below to release the payment to SARS from FNB using your laptop or desktop computer.
- Log in to your FNB online banking account.
- Go to the “Payment” icon on the FNB home page.
- Select eFiling, then Smart ID’s tab found on the “Pay Recipient’ page.
- You will get a list of eFiling payment requests you created on the SARS site. Next to each request will be the “Pay” and “Delete” buttons.
- Choose the “Pay” button.
- A “Please Confirm” page with the payment details of the transaction will appear. Make sure all the details are correct.
- Click the “Pay” button.
- The “please Confirm” page with the details of the transaction will appear. Click on this tab if your payment details are correct, or tap cancel if they are incorrect.
- Click the “Finish” button, and the “Thank You” page will appear when you are done.
You can also authorize SARS payments on the FNB App, but you cannot submit them via the same platform. If one user submits the payment, another user needs to authorize it. If the payment has already been submitted on the PC, you need to log in to your FNB and go to “Authorise.” Click on the tab “Financials” then go to “Payments.” You will see the eFiling payment that needs review and authorization.
How Do I Pay SARS via Nedbank EFT?
You can pay SARS via Nedbank EFT banking facilities by scrolling the drop-down listing consisting of pre-loaded beneficiary IDs provided by the bank. All SARS beneficiaries start with the prefix “SARS.” Make sure your internet payment has the correct reference to ensure that SARS can quickly identify it and allocate it to your account.
To pay SARS via Nedbank EFT, follow the steps below:
- Initiate your payment on SARS eFiling
- Log into NetBank Business
- Visit Transactions – Payments – eBill Payments
- Choose an account to debit
- Submit
- Authorize your eBill payment
- Click Finish
When you are done, a confirmation page of successful payment will be displayed.
Where Do I Get SARS Payment Reference Number?
When making a payment to SARS, make sure you follow the payment rules required by SARS. For instance, each payment must be accompanied by a SARS reference number, or it will be rejected. Your payment must have a correct 19-digit payment reference number (PRN).
A PRN is prepopulated upon payment request, and it is issued by SARS. The number is available on the relevant SARS payment form, and it is utilized to match the payment item that appears on that particular form. With a PRN, the client can designate exactly what they want to pay or settle. Therefore, taxpayers must use the PRN that appears on the form when making a payment.
If you owe SARS some tax money, the payment advice will be prepopulated on eFiling to create a unique PRN. It starts with your tax reference number, then a “T” in the middle, and eight zeros. For example, you can get a PRN like 123456789T00000000.
The PRN for a specific tax type appears on a relevant form which you will use when paying what you owe to SARS. If the PRN is not pre-populated on the tax declaration or return, the clients can manually determine the reference to use for the tax account.
When paying tax to SARS, ensure that you provide correct information to make the process seamless on different banking platforms. If the payment does not conform to SARS payment rules, it will be rejected. For instance, SARS payments must be accompanied by a payment reference number to designate them to their right destination.
