How to Pay SARS Via FNB

By Klenam JU •  Updated: 02/13/24 •  5 min read

Taxes in South Africa are primarily collected by the South African Revenue Service (SARS). The primary purpose is to enforce tax regulations and generate tax revenue for the state. To accomplish this, SARS has introduced effective tax payment systems, such as online banking and SARS eFiling, that enable taxpayers to submit their tax payments electronically. These systems aim to streamline the payment procedure, lessen the possibility of human error, and improve the reliability of tax data. Facilitating tax payments through SARS ensures the government has the funds to provide vital services and encourage economic growth.

In this article, we will look at how customers of FNB can pay their taxes, the timelines on tax payment, efiling process, and other related topics.

How to pay sars via FNB

First National Bank (FNB) is one of the most important banks in South Africa. It offers a wide range of banking and financial services to its customers. One of FNB’s services is the ability to pay taxes to the South African Revenue Service electronically (SARS). This is an easy and safe way for taxpayers to pay their taxes on time and avoid possible late-payment penalties.

It’s important to know that SARS may charge extra fees for electronic payments, so taxpayers should check the total amount before confirming the payment. Also, taxpayers should keep a record of their payments for their own records in case they need to show SARS proof of payment.

Paying SARS through FNB is a quick, easy, and safe way for taxpayers to meet their tax responsibilities. By using this method, they can save time, make sure their taxes are paid on time, and reduce the chance of making mistakes.

SARS taxes can be paid quickly and easily through First National Bank (FNB). You can do this from the comfort of your own home. Here are the easy steps you need to take:

How do I release an eFiling payment on FNB App?

The FNB app allows you to make tax payments to the South African Revenue Service using your mobile device by releasing an eFiling payment. Here are the steps you must take:

How do I pay online with FNB?

Online bill payment offers several advantages, including convenience, accuracy, time savings, and accessibility from any location with an internet connection. Online bill payment eliminates the need for paper bills while also lowering the risk of late payments. It also provides a safe and simple way to track payments and manage budgets.

How long does FNB take to process payments?

The processing time for online payments made within FNB bank is typically swift. This applies to payments made both externally and internally to the bank. When making payments to accounts held at other financial institutions, it is possible that the funds will not be credited to the recipient’s account until after one or two business days have passed. The actual processing time may differ from one transaction to the next due to a variety of factors, including bank policies, weekends, and holidays.

How do I know when my SARS eFiling payment is due?

Log in to your SARS eFiling account and look at the “Outstanding Returns” section to determine when your payment is due. It will show when any tax returns that need to be filed are due and how much money is still owed. Make sure to file and pay on time to avoid fines and interest. Remember that the due date may change if you send in your return late.

Keep Reading

How to Claim Medical Expenses On Your Tax Return

How to Claim Medical Expenses On Your Tax Return

You can claim back a portion of your medical aid scheme fees from SARS on your annual tax return. Claim Medical Expenses On Your Tax Return

How Long Does SARS Take to Approve?

How Long Does SARS Take to Approve?

How Long Does SARS Take to Approve? SARS aims to activate new eFiling profiles within 48 hours where no supporting documents are required. 

How to Get A Tax Compliance Status Pin

How to Get A Tax Compliance Status Pin

The following article gives a comprehensive guide on how to get a Tax Compliance Status Pin

How to Get an Override Code From SARS

How to Get an Override Code From SARS

How Do I Get an Override Code From SARS. Check out the measures you can take to get an override code from SARS.

How to Check SARS Correspondence on eFiling

How to Check SARS Correspondence on eFiling

Today we will walk you through the process of checking SARS correspondence on eFIling, and actioning anything you need to do based on it.

How to Request A Correction On SARS eFiling

How to Request A Correction On SARS eFiling

In simple steps, learn how to request a correction on SARS eFiling. Avoid penalties, interest, or legal action by correcting errors on your tax return.

How to Recover eFiling Password

How to Recover eFiling Password

If you have forgotten your login password or need to amend or change other details, we've created this guide to help.

What Does It Mean If Your Tax Return Is Negative?

What Does It Mean If Your Tax Return Is Negative?

Discover what it means to have a negative tax return in South Africa, how to claim your refund and avoid common delays.

Difference Between Tax Avoidance and Tax Evasion?

Difference Between Tax Avoidance and Tax Evasion?

Tax avoidance and tax evasion are often used interchangeably. Read on to learn the difference between tax evasion and tax avoidance.    

How to Add a New Taxpayer Profile to eFiling

How to Add a New Taxpayer Profile to eFiling

New Taxpayer Profile to eFiling. Today we walk you through everything to know about manipulating profiles on eFIling, creating portfolios, and more. 

How to File a 2024 Tax Return on eFiling

How to File a 2024 Tax Return on eFiling

This post will walk you through the procedures needed to file your tax return for 2024 electronically. Let's dive in!

What is a CEB01?

What is a CEB01?

However, a CEB01 must be paid by the due date specified on the form - usually the last business day of the month following the assessment month

What Time Does SARS eFiling Open And Close?

What Time Does SARS eFiling Open And Close?

This article seeks to provide taxpayers with all the information about time SARS eFiling Open And Close and more

What is the Difference Between SARS Audit And Verification?

What is the Difference Between SARS Audit And Verification?

What is the Difference Between SARS Audit And Verification? Let's take a closer look at these terms and the processes involved

How to Claim Work From Home Tax Credit In South Africa

How to Claim Work From Home Tax Credit In South Africa

This handbook will guide you through claiming the work-from-home tax-related credit in South Africa.