Tax practitioners up in arms over Sars payments
22 January 2014
Posted by: Author: Ingé Lamprecht
Author: Ingé Lamprecht (Moneywebtax)
The South African Revenue Service (Sars) continues to encourage the use of the credit push option in eFiling, despite numerous complaints from tax practitioners that the new system is cumbersome.
Sars says it is not responsible for the way the credit push function works and merely uses what payment systems and tools are made available to it by the banking system.
Some tax practitioners have experienced significant difficulties following the withdrawal of the debit pull facility on eFiling in favour of a credit push system in the latter part of last year. The debit pull system allowed taxpayers or their approved representatives to authorise Sars to collect the money owed directly from their bank on their behalf.
With the credit push function, the bank account holder performs the payment. The eFiling system advises the taxpayer of the amount that needs to be paid via a payment request from the bank and the taxpayer then needs to authorise the payment by instructing the bank to make the payment.
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This article first appeared on moneywebtax.co.za.