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Credit push payments - split payment and future dating
Posted 5 December 2013
I paid my company's monthly PAYE/SDL/UIF via eFiling (credit push). The payment was split in two parts as it was a large amount. I also future dated the two payments. I received confirmation on eFiling after making the payment that the "payment requests has successfully been submitted to the bank". It's 5 days later and I still don't see the "credit push" transaction on my internet banking.
SARS first said that the credit push will only reflect on internet banking on the scheduled payment date. This was not true as it still didn't reflect. There second explanation was that credit push payments can't be split or future-dated. We however were able to future-date a credit push payment last month and eFiling allowed us to split the payment. I'm not sure if SARS really knows what the problem is. Can you help?
TaxTimsays: 9 December 2013 at 9:25
This seems to be a common problem, my suggestion would be to make a normal EFT payment for the amount until SARS and the banks have figured out how their systems properly.