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    Home Accounting

    Update on Cheque Payments to SARS

    in Accounting
    Reading Time: 2 mins read
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    ON 19 JUNE 2014.

    UPDATE ON CHEQUE PAYMENTS TO SARS

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    Guidelines for NPO’s and PBO’s version 6 – June 2023 – Final Updated Version

    It appears that SARS has taken steps to ensure taxpayers discontinue the use of cheques for the purposes of settling their tax debts.


    With effect from 30 May 2014, taxpayers are no longer permitted to make any cheque payments to SARS in the following circumstances:

    · During the preceding 3 years the taxpayer made two payments by cheque to SARS that were “referred to drawer”; or

    · The payment is in excess of R50 000 with regards to:

    – Income Tax except for the following:

    * Donations Tax

    * Withholding tax in respect of non-resident sellers of immovable property located in South Africa

    * Assessments of owners or charters of ships or aircrafts who are not resident in South Africa

    – Value-Added Tax (VAT)

    – Employees Tax (PAYE)

    It is important to note that the R50 000 limit noted above relates to the total payments made by cheque by that person on that specific day. Therefore if, for example, a person is required to make an Income Tax and VAT payment on the same day the total of both cheques cannot exceed this R50 000 threshold.

    We recommend that the payment of taxes by cheque be used as a last resort as non-adherence to the above requirements will result in cheques being rejected and late payment penalties and interest being imposed.

    Prepared By:

    PKF Chartered Accountants and Business Advisors:

    Kubashni Moodley (Director—Tax)

    Tags: Accounting
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    • As salaamu Alaikum / Good Day Members 

Please join AMAL in Partnership with Al Baraka Bank, Minara Chamber of Commerce and Bowmans in our Webinar on:

Unpacking The Budget 2025

With Guest Speaker:
Dr David Masondo - Deputy Minister of Finance 

And 

Facilitator:

Yasmeen Suliman - CA (SA) 
Partner: Tax, Bowmans 

Date: 22 May 2025 (Thursday) 

Time : 7:30pm to 9:30pm

Platform: Via Zoom

Registration Link provided below 

Please rsvp your attendance to info@amal.co.za 

https://us02web.zoom.us/webinar/register/WN_OnILOsdgSgCh016g_pJGEQ 

#amalsouthafrica #amalsa #AlbarakaBank #Minara #bowmans
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Read more: https://amal.co.za/
#amalsouthafrica #amalsa
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Visit https://amal.co.za/ to read the press release.

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    • 📢 Day 29 of Ramadan 1446 🌙✨
🎉 Preparing for Eid: Gratitude & Celebration
Eid is a day of joy, gratitude, and togetherness. As we celebrate, let’s remember the spiritual growth of Ramadan.

🔹 Preparing for a Meaningful Eid:
✅ Give Sadaqatul Fitr before Eid prayers
✅ Thank Allah for the strength to complete Ramadan
✅ Spend quality time with family & community
✅ Maintain humility – Eid is a celebration, but modesty is key

📖 “And so that you may complete the prescribed period and glorify Allah for guiding you, and that you may be grateful.” (Qur’an 2:185)

✨ May our Eid be filled with joy, gratitude, and blessings!

💬 What’s your favourite Eid tradition? 👇

#Ramadaan1446 #AMALSA #EidMubarak #Gratitude #SpiritualCeleb ration #amalsouthafrica
    • 📢 Day 28 of Ramadan 1446 🌙✨
🚀 The Journey Continues – A Year of Self-Improvement
Ramadan may be ending, but our spiritual and personal growth should not. Let’s continue striving for success in both deen and dunya.

🔹 Post-Ramadaan Commitments:
✅ Continue Qur’an & Salah daily
✅ Keep fasting on Mondays & Thursdays
✅ Maintain ethical business practices
✅ Help others through charity & kindness

📖 “Indeed, those who have said, ‘Our Lord is Allah’ and then remained steadfast – the angels will descend upon them…” (Qur’an 41:30)

✨ Ramadaan is just the beginning—let’s keep growing and striving!

💬 What’s one change from Ramadaan you want to keep for life? 👇

#Ramadaan1446 #AMALSA #KeepGrowing #IslamicLifestyle #BeyondRamadaan #amalsouthafrica
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🤝 Forgiveness & Reconciliation in Business
Ramadan teaches us forgiveness, even in business and professional disputes. Let’s repair relationships and move forward with peace.

🔹 Steps to Reconciliation:
✅ Apologize & make amends
✅ Forgive sincerely, even if wronged
✅ Resolve disputes fairly & justly
✅ Let go of grudges for inner peace

📖 “The best of people are those who are slow to anger and quick to forgive.” (Hadith – Tirmidhi)

✨ Forgiveness brings peace, barakah, and better relationships. Let’s start fresh!

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#Ramadaan1446 #AMALSA #ForgivenessInBusiness #IslamicEthics #RebuildRelationships #amalsouthafrica
    • 📢 Day 26 of Ramadan 1446 🌙✨
🌟 Laylatul Qadr: The Night of Power – A Time for Transformation
Laylatul Qadr, a night better than a thousand months, is a chance to seek forgiveness, guidance, and success—both spiritually and professionally.

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✅ Increase salah, dhikr, and du’a
✅ Seek forgiveness & purification of intentions
✅ Make du’a for ethical success in career & business
✅ Give charity & assist those in need

📖 "The Night of Decree is better than a thousand months." (Qur’an 97:3)

✨ Tonight, let’s ask Allah (SWT) for barakah in our wealth, careers, and all aspects of life!

💬 What’s your most heartfelt du’a for Laylatul Qadr? 👇

#Ramadaan1446 #AMALSA #LaylatulQadr #NightOfPower #DuaForSuccess #amalsouthafrica
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