The South African Revenue Service (SARS) provides an eFiling platform that allows taxpayers to electronically file their tax returns and pay taxes. This is how eFiling and SARS payments are related.
Through eFiling, taxpayers can securely pay income tax, value-added tax, provisional tax, and other taxes online.
You can use a debit or credit card, an electronic money transfer, or the SARS eFiling payment channel to make your payment.
Thanks to eFiling, taxpayers can pay their taxes, including those related to SARS requirements, swiftly and simply. So, using eFiling is one way to pay SARS if you have to.
How to allocate payments on sars efiling
Allocating payments on SARS eFiling is easy. To complete the process, simply login to your account, choose the payment page, make the money, and verify the details before submitting.
Allocating payments on SARS eFiling is easy and only requires a few simple steps.
- Sign in to your SARS eFiling account and click on the “Payments” tab to get started.
- Click on “Make Payment” and then enter the amount you want to pay.
- Choose the account you want to pay into. This could be a tax type, a tax period, or a specific tax reference number. You might also have to choose how you want to pay.
- After you’ve done these things, you can check the payment information before sending it.
- Once you send in your payment, SARS will automatically put it toward the right account.
- If you want to look at your payment history or see if a payment has been made, just go to your eFiling profile and click on the “Payments History” tab.
How do I request payment allocation from SARS?
To get payment allocation from the South African Revenue Service (SARS), you will need to do the following:
- Log in to eFiling or go to a SARS branch with all of your supporting documents.
- Fill out and send in the Request for Correction of Tax Return (RFR) form.
- On the RFR form, give information about the payment you want to allocate and the tax period for which you want the allocation to be made.
- Send in the form and wait for SARS to process your request.
- Once the payment is processed, SARS will send you a notice of assessment confirming the payment allocation.
What is an unallocated payment?
According to the South African Revenue Service (SARS), an unallocated payment is one that a taxpayer makes but that cannot be matched or connected to a specific tax due or account.
If a taxpayer makes a payment without giving SARS a reference number or any other information that would allow them to determine which tax account or liability it is for, for example, the payment would be considered unallocated.
Does SARS refund unallocated payments?
The South African Revenue Service may return taxpayer payments that are not utilized (SARS). A payment may be made but not applied to a specific tax period or obligation. SARS will try to match any overdue bills with the payment if it exceeds the amount owed.