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Audit finalised

Posted 14 July 2015 under Tax Q&A


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CH says:
14 July 2015 at 8:31

Hi Tim

My audit was finalized and I received confirmation of this via the SARS call centre and I received a IT34 for both 2012 and 2014 confirming everything was finalized and a completion letter for 2015, this was done on Friday. The also confirmed that my penalty was deducted from my refund and nothing is on hold on their side its just the payment that need to go through to my account. By when more of less will the refund be in my account?

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TaxTim TaxTim says:
14 July 2015 at 16:10

It can take 21 days for SARS to release payments when old tax returns have been submitted later than the actual year.


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