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WHAT HAPPENS IF I REFUSE TO PAY ELECTRONICALLY? If a taxpayer, who meets the EFT threshold, fails to pay electronically, a penalty of 10% of the tax can be applied.

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WHAT HAPPENS IF I REFUSE TO PAY ELECTRONICALLY? If a taxpayer, who meets the EFT threshold, fails to pay electronically, a penalty of 10% of the tax can be applied.

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For withholding tax, if you meet the requirements to file through EFT (the current threshold is for payments of $750 or more), you must file and pay electronically. Substantial penalties can be assessed for noncompliance.

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