If as a tax practitioner, I file a VAT return via e-filing and request that the client does an EFT via internet banking,
1) Does the client select "SARS - VAT" (or something of this sort) as the beneficiary for a VAT return payment?
2) Do you just use the return's PRN number as reference to make sure that the payment is allocated correctly? Or is it the PRN number and something else? On the VAT return there is a long reference number next to Payment Reference No. field. Do I use only the number, or do I put PRN in front of it?
3) Anything else that I must tell the client to do when setting up the beneficiary or making the payment for this return?