Discontinuation of Debit Pull Transactions on eFiling

[IMHO]

Answer from Standardbank

Now how do I make sure? Is it even in my hands?

They do experience some technical issues with the SARS My Bills payment function on Internet Banking. We do apologies for any inconvenience.

The problem is with the link between SARS and the Bank, which are currently being dealt with as a priority. We can’t confirm when the issue will be resolved but they want to solve this as soon as possible.

You can link SARS as a third party payment in the interim to ensure that you pay them via a third party linking on the internet if the system is not working by the time your payment is due. You must just make sure that they don’t deduct the payment automatically and then pay a double payment.

Trust you find same in order.

Kind Regards

[Dave A]

So, what is the latest? My payment is due 30th Nov. Is the Standardbank problem sorted out yet?

MyBills works fine as long as you're loading the payment against the primary account for the profile you use for internet banking. Secondary accounts are still not finding any MyBills you might have loaded against them as yet by the look of things.

Something else to watch for - releasing a MyBill payment does come out of your monthly payment transaction limit. I've had to increase my limit as a result.

ps. 29th November 2013 is the last business day to pay if it was a VAT payment you were referring to.

[IMHO]

Standard bank is still a F up. My bill seems to work on the SARS side, but as soon as they transfer you to standard bank, you experience a session time out.

I then tried EFT. What a nightmare.
You have to do it as a once off, but also tick save as beneficiary. (There is a glitch that require this, so I am told)
Then you must figure out the beneficiary ref number. In short, go on e-filing to payment history. You will see columns there for every payment. Look at the one you are trying to do and write down the VAT number in the first column, then ad a V, then add the number in the column that start wit a C.

And that is it. The rest is as per normal. If a buddy did not tell me about the V, I would never have figured it out. Thanks Willem!

Hope this helps someone.

Apparently the bill method works fine with all the other banks.

[Dave A]

Does anyone know the answer to this one:
The October 2013 period VAT return is filed via eFiling.
The payment (per force) is done via EFT (i.e. a Manual Payment not through eFiling).
Is payment due on 25th November or 29th November 2013?

I've been exploring the VAT guide, and it seems it should have been the 25th.

From the guide:

[IMHO]

And still Standard bank's MyBills is not compatible with SARS E-File systems. Five months and counting...

[Christel]

Hi there,
If you submit your VAT return via e-filing and you pay it after the 25th via eFT, you are still fine. No penalty or interest will be charged. It's only if you submit your return manually that you need to adhere to the 25th rule as in the past. hope this helps clear confusion...

[Dave A]

SARS needs to update their VAT guide then

[Christel]

SARS needs to update their VAT guide then

yes... this is scheduled to happen in about 10 years from now....

[Justloadit]

I have noted on 2 accessions, in which there was a VAT refund, that the refunds was done the day after it was efiled, and this happened before the 25th of the month.
I must say that when there is a VAT refund on a large amount, it can take a few months, which does screw up with your cash flow. There was a query, but no one communicated even when we called SARS. Fortunately we were able to speak to someone in the upper echelon who cleared it up.

I suggest that if you have a refund due, that you have your transaction records ready for uploading if requested, and be ready to also upload a number of invoices that they will request. The faster you can oblige, and if all is in order, the faster the refund will take place.