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Minus sign means a refund?



Wami says:
3 July 2015 at 8:06

Hi, I have submitted my return on the 1st July 2015 through e-filing and received a notice of assessment, when should I expect a payment?

TaxTim TaxTim says:
3 July 2015 at 8:07

If SARS are not asking for supporting documents and your banking details are correct on eFiling then you should have received payment this morning or latest tomorrow.

Wami says:
3 July 2015 at 8:16

Oh thank you.

You are very helpful. They have not asked for any documents. Does the minus sign means I'm getting a refund?

TaxTim TaxTim says:
3 July 2015 at 8:51

Yes that is true - the minus side indicates a refund!

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