RevNet Frequently Asked Questions


Payments

How are payments made in RevNet?

For Stamp Duty, Opinions and Certificate users:

Payments are debited from a nominated bank account.

As part of the application process, Electronic Payment Authorisation Forms are completed for each bank account you wish to use for making payments via RevNet. Several bank accounts can be nominated for this purpose. Bank account details are held in a secure environment within RevenueSA's internal database and are not transferred across the Internet.

The electronic payment is initiated by a user within RevNet. RevenueSA cannot independently access your bank accounts, only payments initiated by the user will occur. The user has the ability to select the appropriate, pre-nominated account they wish to use to make a payment in RevNet.


Payroll Tax:

Electronic Payment Authorisation (PRT EPA)

This facility allows your nominated administrator(s) or User’s to log into RevNet and enter your return for each period. You enter your wage details or the payroll tax amount and authorise the payment from your nominated bank account. RevenueSA does not independently access a taxpayer’s bank account. This facility ensures that your tax is allocated to your account correctly each month thereby avoiding non-payment penalties and/or interest for incorrect allocation.

Electronic Funds Transfer (EFT)

This facility allows your nominated Administrator(s) to log into RevNet to complete an expected payroll tax EFT return each period. This will then generate a unique EFT Payment Advice for that period containing the BSB, Account Number and Payment Reference Number. Once an EFT Payment Advice is generated you will be able to use the details to make payment via EFT with your financial institution.

How will payments be shown on my bank statement?

Certificates

Within the Certificates component, you can specify different bank accounts for request fee and liability payments. At the end of each working day (around 9.00 pm) the request fee and liability amounts to be debited to a particular account are added up and one debit transaction is made. The breakdown of payment information is available via the Payment Enquiry function in RevNet.

Stamp Duty – Self determined

The total payable for each batch submitted will appear as a separate debit to your nominated bank account.

Stamp Duty – Opinions
The total payable for each bundle paid and stamped via RevNet will appear as a separate debit to your nominated bank account.

Payroll Tax – Electronic Payment Authority (EPA)

At the end of each working day (around 9.00 pm) payroll tax payments to be debited to a particular account are added up and one debit transaction is made. In most cases there will only be one payment for a return period. Where multiple payments are made in the one day, the breakdown of payment information is available via the Payment Enquiry function in RevNet.

Payroll Tax – Electronic Funds Transfer (EFT)

An EFT payment advice generated in RevNet contains the BSB, Account Number and Payment Reference Number. Once your transfer is initiated with your financial institution, the Payment Reference Number used and the amount transferred will appear on your bank statement.

Can I make an additional payment?

Payroll Tax

Electronic Payment Authorisation (EPA)

Additional payments can be made by choosing the corresponding period to make the additional payment. The “Make/View Payment” option will need to be selected and the previous amount paid will show on the bottom of the screen. If the additional payment amount is known, the payment amount can be entered into the tax payable field and authorised, a note will appear advising the payment is in addition to the previous payment made. If the additional payment amount is not known, the calculate function can be used, however the deduction entitlement will need to be overridden to zero if you have already claimed the full deduction on your first payment. Click on “Calculate” and RevNet will automatically calculate the Tax Payable figure, click on “Authorise”, a note will appear advising the payment is in addition to the previous payment made.

Electronic Funds Transfer (EFT)

Additional payments can be made by choosing the corresponding period to make the additional payment. The “Generate/View EFT Payment advice” option will need to be selected and the previous advice will show on the bottom of the screen. If the additional payment amount is known, the payment amount can be entered into the tax payable field and an advice can be generated, a note will appear advising the payment is in addition to the previous payment made. If the additional payment amount is not known, the calculate function can be used, however the deduction entitlement will need to be overridden to zero if you have already claimed the full deduction on your first advice. Click on “Calculate” and RevNet will automatically calculate the Tax Payable figure, click on “Generate EFT advice”; a note will appear advising the payment is in addition to the previous payment made.

* Comprehensive On-line Help is also available in RevNet to assist you in making an additional payment.

What do I do if I need to add another bank account, or remove an existing bank account?

If you wish to add or delete a bank account in RevNet, an Electronic Payment Authorisation (EPA) form will need to be completed and sent to RevenueSA. On the form there are options to add or delete an account; separate forms will need to be completed for each option.

How do I cancel a payment?

Payroll Tax

Electronic Payment Authorisation (EPA)

A payment can be voided if an email request is received and actioned within the same business day of the payment being submitted. Please email requests to revnet@sa.gov.au and include your taxpayer number, the payment amount and the period in which the payment was intended for.

Electronic Funds Transfer (EFT)

If an advice is generated and the incorrect amount is showing as expected in RevNet, the advice cannot be modified or deleted. However when the funds are being transferred from your financial institution, the correct amount can be entered and RevenueSA do not need to be notified. We will not apply penalty and/or interest if there is a difference between payments received and expected amount generated in RevNet.

If an incorrect payment is transferred from your financial institution, RevenueSA are unable to stop the payment. Please contact your financial institution.

Stamp Duty

A batch can be withdrawn if an email request is received and actioned within the same business day of the batch being submitted. Please email requests to revnet@sa.gov.au. Please include your RevNet client ID or client number and batch number for in your email.

Stamp Duty Opinions

A bundle cannot be withdrawn once a bundle has been submitted to RevenueSA. However RevenueSA’s banking is processed overnight, therefore contact RevenueSA by telephone on 08 8207 2333 on the same business day if a bundle is incorrectly submitted.

Certificates

Certificate request fees and liability payments cannot be reversed. However RevenueSA’s banking is processed overnight, therefore contact RevenueSA by telephone on 08 8207 2333 on the same business day if a request and/or payment is incorrectly submitted.

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