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Does SARS pay interest on refunds due?

Posted 2 May 2016

Robert says:
1 May 2016 at 11:39

Interest payable on refunds:

I objected against admin penalties incorrectly charged and I am due a refund of R18,000
I objected against a incorrect tax assessment medical expenses not allowed refund of R9,261
I overpaid assessed tax by R7,000

Will SARS pay interest on these amounts owing to me? The admin penalties was initially taken from a refund due to me so they had already been paid.

TaxTim TaxTim says:
2 May 2016 at 17:54

Unfortunately not, SARS do not pay interest usually on amounts owing to taxpayers.

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