FAQ: What must I do if I want to do a credit push payment via eFiling, but receive an error message: “Payment request not successful” (Message from bank: Payment request not successful. Message from bank 3-28)?
You must ensure that you use the correct Group Number / Operator Number.
FAQ: What is a credit push?
A credit push is payment transaction initiated on the eFiling site and presented to the banking product as a bill presentation (a payment request). Only once the user has logged into the banking product and authorised the payment request, is this transaction regarded as an effective payment. Credit push payments are assumed to be irrevocable.
FAQ: Is there any particular reason why the customers would have to use Connect Direct to perform this function, or is this just a recommendation by SARS?
SARS has decided on CD for submission of bulk data for now. For certain data types using the CD technology is a specific requirement, however, SARS also allows submission on the other channels if the taxpayer does not wish to make use of the CD technology. SARS is however considering other options as well for […]
FAQ: The source identifier, containing the security token will be supplied by SARS to the customer, but only in cases where the Channel Identifier = ‘CD’. Correct? However, what should be used if Channel = IFL?
The Source Identifier for the CD channel will be issued by SARS per user that enrols and activates for submission on CD. The process of enrolment and activation will be facilitated on eFiling.
FAQ: Has SARS considered using FTP technology for the submission of VAT supporting data?
Yes, however, the only channels made available for VAT supporting data submission will be the Direct Data Flow Channel using Connect:Direct.
FAQ: How is data authorisation done?
With every file that a vendor submits, either a VAT500 for summary level supporting data or a VAT501 for line item level supporting data is generated and sent to the vendor on eFiling (for data submitted on the Direct Data Flow channel). The vendor must open the authorisation letter (VAT500 or VAT501). The vendor must […]
FAQ: What channel is available for submitting VAT supporting data?
Direct data flow – utilising the connect direct software to enable vendors to submit supporting data from their source system directly to SARS, is available.
FAQ: More than 50% of my home is used for business purposes. Do I qualify for the primary residence exclusion?
No. Under the definition of a “primary residence” in paragraph 44 of the Eighth Schedule, a primary residence must be used mainly for domestic purposes. “Mainly” in this context means more than 50%.
FAQ: Is the primary residence exclusion of R1,5 million for the 2012 year of assessment subject to apportionment?
The primary residence exclusion is not subject to apportionment when a part of the residence is used for trade purposes or when it is not ordinarily resided in for a part of the period of ownership. The first step is to calculate the overall capital gain or loss on sale of the residence. Next you […]
FAQ: A couple has lived on a boat that is longer than 10m for a number of years. The boat is their primary, and indeed only residence. Will they be exempt from CGT if they sell the boat or will SARS seek to tax any gain on disposal?
A boat used as a place of residence by an individual is specifically included in the definition of a “residence”, as is a mobile home and a caravan. A boat will therefore qualify for a primary residence exclusion on the same basis as a more conventional residence.
