The South African Revenue Service (SARS) has emphasized the importance of ensuring banking details are accurate and up-to-date before the 2025 tax season. This is particularly crucial as SARS will be processing a significant number of auto-assessments, starting from July 7, 2025[2]. To facilitate a hassle-free filing experience, taxpayers are advised to verify their banking information before June 7, 2025, to avoid issues with refunds[2]. If refunds are due, they will be automatically paid into the registered bank account, provided the details are correct and valid[2].
To update banking details, taxpayers can use the eFiling platform. They can log in, select the express-access option for updating personal tax accounts, and follow the prompts to update their banking information[4][8]. This process involves selecting the bank name, filling in the branch code, account number, and account type, and confirming changes with an OTP sent to their preferred contact method[4][8].
For the 2025 tax season, SARS has introduced various enhancements to streamline the filing process, including enhancements to banking detail updates and the reinstatement of RSA tax residency options on the Registration, Amendments, and Verification Form (RAV01)[6][5]. The filing season will commence on July 21, 2025, for non-provisional taxpayers and will end on October 20, 2025, while provisional taxpayers and trusts can file until January 19, 2026[3][5].
References
- [1] SARS: Check your banking details before tax season!
- [2] SARS warns South Africans to check their banking details
- [3] Here are the deadlines for the 2025 tax season – Moonstone
- [4] Keep your details up to date with SARS
- [5] Changes for 2025 Filing Season | South African Revenue Service
- [6] Registration, Amendment and Verification enhancements on eFiling
- [7] Individual Tax Season Updates 2025 – SimplePay Blog
- [8] Maintain personal details on eFiling vs Branch