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Confused over SOA for SARS

Posted 2 July 2014 under Tax Q&A


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I submitted my tax return 01/07/2014 and there was a negative balance of R7752.11 which meant a refund is due to me. The only part I added was my medical expenses that I pay myself every month. I am a strictly commission earner as well. Today I receive my assessed IT34 and it says Statement of account assessment -7752.11 and then Refunds 7752.11. Balance 0. What does this mean? Am I not due anything back?

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TaxTim TaxTim says:
2 July 2014 at 21:37

It means the amount has left SARS and been paid to you and will reflect tomorrow morning in your account.


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