SARS currently permits taxpayers and traders to pay their taxes and duties electronically into:

• SARS’s nominated First National Bank (FNB) bank accounts utilising the account number and the bank code. A list of these bank accounts is provided on the back this pamphlet.
• Accounts at each of the four banks utilising beneficiary IDs in place of an account number and a bank code. These bank accounts were introduced in March 2006 as part of SARS’s objective of making it easier for taxpayers and traders to make the payments.
• Via eFiling () which is the preferred payment method.

Clients utilising Nedbank electronic products to pay SARS (eg internet and PC-based applications) should use the new Beneficiary ID process with immediate effect. Refer to the back of this pamphlet for a list of beneficiary IDs as the nominated FNB accounts will be closed with effect from 31 July 2007.

This means that clients will no longer be able to deposit payments for SARS using the account numbers and bank code. All payments made using this method will be rejected by the banks.

Taxpayers and traders should contact their respective banks for more information regarding the solutions offered.

Visit the SARS website www.sars.gov.za and select payment rules under the taxes menu.

Tax types	Nominated SARS FNB Banking Accounts
Assessed Tax	514 21187373
Provisional Tax	514 21187399
Retirement Fund Tax	514 21187430
Secondary Company Tax	514 21187456
Employees Tax (PAYE)	514 21187414
Skills Development Levy	620 13984291
Unemployment Insurance Fund	620 32045678
VAT	514 21187737
Diesel	620 29396919

[ * Applicable to Small Business Amnesty payments]

Tax types	Beneficiary IDs applicable to FNB, ABSA, Nedbank, and Standard Bank
Assessed Tax	SARS-ITA
Provisional Tax	SARS-PROV
Retirement Fund Tax	SARS-RFT
Secondary Company Tax	SARS-STC
Employees Tax (PAYE)	SARS-PAYE
Skills Development Levy	SARS-SDL
Unemployment Insurance Fund	SARS-UIF
VAT	SARS-VAT
Diesel	SARS-DSL
Other Taxes & Levies *	SARS-OTH