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SARS says -R1000. What does that mean?

Posted 3 August 2013 under Tax Q&A


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If there is an -R1000 in red on my assessment, what does that mean?

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TaxTim TaxTim says:
4 August 2013 at 18:54

It means you are due a refund from SARS. Their system reflects your balance from their point of view (in accounting terms), so a negative balance means money due back to you.


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Need help
submitting your
Tax returns?


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 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

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