SARS: Payment Method Prescribed

SARS: Payment Method Prescribed

Legislation, Tax

A Notice was published whereby the payment method for payments of VAT, PAYE/SDL/UIF and Income Tax are prescribed in terms of Section 162(2) of the Tax Administration Act, 2011.

This notice indicates that no payments in excess of R100,000 may be made by cheque at a SARS office, or by post.