What’s New?

• 9 November 2020 – Update on the discontinuation of cheques
  Banks are discontinuing cheques as a payment method. The last date for SARS Customs payments made at a SARS port of entry per cheque will be on or before Sunday 13 December 2020 and for all other SARS payments, it will be on or before Thursday, 31 December 2020.
• 28 September 2020 – Banks are discontinuing cheques as a payment method on 31 December 2020. Please note that SARS will no longer accept cheque payments after 31 December 2020.
• 9 November 2019 – The maximum cheque limit will be reduced from R500 000 to R50 000 from 1 May 2020

The Payments Association of South Africa (PASA) has announced that, after careful consideration and consultation with key stakeholders, it will be reducing the maximum value for writing a cheque from the current value of R500 000 to R50 000 with effect from 01 May 2020.

Payments to SARS

Taxpayers, both individuals and businesses, are required to be fully tax compliant through on time submission of returns and payments, to avoid penalties and interest being charged.   If you owe money to SARS and need to make payments arrangements, see our information here.

Top Tip: Not sure when the submission dates are? See a list of Important Dates here. 

Important -If the submission date falls on a weekend or public holiday, you need to submit the return/declaration together with your payment, if applicable, by the last business day before the weekend or public holiday.  

In instances where taxpayers are not compliant and have outstanding tax debt, the Debt Management department is committed to assisting businesses and individuals to become fully compliant.  

If you want to make a payment to SARS, there are a number of options e.g. at a bank, via eFiling and via EFT. For more detail on payment options, click here.  

To see how to release a payment at your bank, click here.

Top Tip: In addition to the available payment options, Customs payments can also be made at any SARS Customs office, for more information please read GEN-PAYM-01-G01 – SARS Payment Rules – External Guide.  

If you need to change your banking details you can do it:

• On eFiling if you’re a registered eFiler
• On the SARS MobiApp by clicking on the Profile Management button.
• In person at any SARS branch if you’re not registered with eFiling (this may require you to make an appointment).
• When completing and submitting your Income Tax Return for Individuals (ITR12).
  
  

For more detail on how to change your banking details, click here.