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News & Press: SARS News & Tax Administration

Dividends tax bulk submissions of transactional data available soon

06 November 2012   (0 Comments)
Posted by: SAIT Technical
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By SARS Legal & Policy

The South African Revenue Service (SARS) has taken a phased approach to the implementation of the administrative system for dividends tax. We are now ready to implement the next phase which is secure file transfer via direct data flow channels. It is intended that an e@syFileTM for dividends tax and an IBM Sterling IBM®Connect:Direct® channel will be available for the submission of bulk data for dividends tax from the end of November 2012.

IBM Sterling IBM®Connect:Direct® channel

The IBM Sterling IBM®Connect:Direct® channel is suitable for large enterprises and enables the submission of large transactional files directly to SARS. It is suitable for any company declaring dividends paid to more than 10 000 beneficial owners. The dividends tax return and payments must then be submitted via eFiling.

This direct data flow channel enables taxpayers to submit unlimited data thereby shortening the data processing times as well as reducing the overall administrative burden of large volume data transfer. The channel also provides for faster feedback to the taxpayer.

e@syFileTM for dividends tax

e@syFile EmployerTM is being used by over 200 000 employers to submit Pay-­‐As-­‐You-­‐Earn data. SARS will now introduce and e@syFileTM for dividends tax which is suitable for small to medium size organisations, those with submission of dividends tax data for up to 10 000 beneficial owners. This solution will provide the ability to upload or capture the required transactional data, to submit transactional data files, to request and submit pre-­‐populated dividends tax returns, and to make dividends tax payments to SARS.


This channel is used by entities with a limited number of records to submit. eFiling is an existing channel and suitable for submission of dividends tax data for 20 or less beneficial owners.

Further information

Please note that from 1 January 2013 entities will be required to submit their data retrospectively from 1 April 2012. Please refer all queries relating to trade testing to the

You are encouraged to prepare for implementation of these channels by familiarising yourself with the relevant business requirement specifications. The latest information on dividends tax and the new data channels is available on the SARS website


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

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