Debit pull and credit push .... help please?

[blunomore]

I did not get any notification from SARS about this, but when I submitted a VAT return online through efiling yesterday, I was informed that the debit pull option is no longer available and I must set up a credit push option with my bank.

Can someone explain this to me? Celine?

Today, when I filed my PAYE/UIF return, I did not get this notice again, so I am confused as to what to do and how to pay in order not to fall foul of the mighty SARS.

 

[kdub]

Credit push means that once you pay on e-filing you have to log onto online banking and "release" the payment before it will actually be processed. There was correspondence that went around last week some time. In my opinion credit push is a lot better and far more secure.

 

[SYNERGY]

All the info you need:

http://www.sars.gov.za/ClientSegmen...on-of-Debit-Pull-Transactions-on-eFiling.aspx

 

[blunomore]

Credit push means that once you pay on e-filing you have to log onto online banking and "release" the payment before it will actually be processed. There was correspondence that went around last week some time. In my opinion credit push is a lot better and far more secure.

It's double the work for the taxpayer! Before you could simply select (on efiling) the account you want to be debited and that was it. Now you have log onto your IB and do some more work. Eish!

 

[blunomore]

All the info you need:

http://www.sars.gov.za/ClientSegmen...on-of-Debit-Pull-Transactions-on-eFiling.aspx

Thanks Synergy.