Hi Tim. I submitted my tax return and contacted SARS where they confirmed that my audit has been finalized and I received the letter confirming this. My question is what will happen to the R579 penalty?
Some say my payment will be withheld. Some say SARS will deduct this from my refund, and some say its my responsibility to pay the penalty ASAP. Should SARS not deduct this from my refund for 2015? Please confirm what will actually happen.