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Does the minus sign mean I'm getting a refund?

Posted 3 July 2015 under Tax Q&A


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Wami says:
3 July 2015 at 8:18

Does the minus sign mean I'm getting a refund? eg.

Thank you for submitting your income tax return for the 2015 year of assessment. Your assessment has been concluded and reflects an amount refundable to you of R -15511.53.

This entry was posted in Tax Q&A and tagged , . Bookmark the permalink.

TaxTim TaxTim says:
3 July 2015 at 8:45

That is correct, the minus represent a refund to be paid to you.

Wami says:
3 July 2015 at 8:47

Very helpful. Looking forward to that sms at 00:00 tonight!


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