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


How will the last year tax returns affect the new year if its not paid?

Posted 17 November 2015

Debs says:
17 November 2015 at 8:57

If I have an outstanding amount to pay, will it affect the new year tax returns?

TaxTim TaxTim says:
17 November 2015 at 19:40

There will be a penalty and interest charged on the outstanding amount if it is past its due payment date.
This will be carried forward and and will continue to accrue interest until it is settled.
You can request a Statement of Account in order to see the amount that is outstanding.

If you file a current year Tax Return and have a refund due to you, this won't be paid by SARS until you settle the outstanding amount.

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




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

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.