The South African Revenue Service (SARS) provides a platform called eFiling that enables taxpayers to file their tax returns and pay taxes online. This is the relationship between eFiling and SARS payment.
Employing eFiling allows taxpayers to safely pay their income tax, value-added tax, provisional tax, and other taxes online. To pay, you can utilize the SARS eFiling payment channel, an electronic funds transfer, or a debit or credit card.
Taxpayers can pay their taxes, including those associated with SARS obligations, quickly and easily by using eFiling. Therefore, if you need to pay SARS, one option is to use eFiling.
How to allocate payments on sars efiling
Payment allocation on SARS eFiling is simple. All you have to do is sign in to your account, select the payment page, pay, and double-check the information 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?
A payment made by a taxpayer that cannot be matched or linked to a particular tax liability or account is known as an unallocated payment in the context of the South African Revenue Service (SARS).
A payment will be deemed unallocated, for instance, if the taxpayer pays it without providing a reference number or any other details that would enable SARS to identify which tax account or liability it is for.
Does SARS refund unallocated payments?
Payments made by taxpayers but not used could be refunded by the South African Revenue Service (SARS). When a payment is made but not applied to a particular tax period or obligation, this may occur. If the payment exceeds the amount owed, SARS will attempt to match it with any unpaid bills.
