FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


How do I know that I owe sars or they owe me?

Posted 1 April 2022

Q: How do I know if I owe SARS or not

Khathu says:
1 April 2022 at 20:12

If my SARS efiling statement it says my assessment is -R1300 and my balance is -R1300. Does that mean I owe SARS R1300?

TaxTim TaxTim says:
1 April 2022 at 20:12

  A: The minus sign means that according to their records you owe a negative amount i.e. SARS owes you a refund. Normally, if you’re owed a refund, this will be electronically processed and usually reflects in your bank account within 2 – 3 days of the ITA34, assessment being issued. There are instances when your refund isn’t released immediately. If you’re expecting a refund and it doesn’t show in your bank account more than a week after receiving your ITA34, then you may want to look into one of the following reasons as a possibility for the delay.
  • Audit/ Verification
  • Banking Details
  • Outstanding Returns
  • Unpaid Balances
Please see our blog for more details here https://www.taxtim.com/za/blog/when-will-i-get-my-refund-from-sars Follow these steps and you'll be able to view a summary of any tax amounts owing or refunded to you.
  • Click on the RETURNS tab in the menu of eFiling;
  • Click SARS correspondence.
  • Click Request Historic IT notices.
  • Click Statement of account; and
  • Select your date range.
This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.