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Verification of Banking Details - CIT and VAT​

Friday, 27 September 2013   (0 Comments)
Posted by: Author: SARS Legal and Policy
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Author: SARS Legal and Policy

To enhance security measures and to protect taxpayers against potential fraud, any changes made to CIT and VAT banking details will be verified by SARS before updating the banking profile. Any refunds due (if applicable) will only be processed after the banking details have been verified. 

To view the relevant page on SARS website please click here:



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.

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