Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Scared because amount refundable to me is negative amount



Thomas said:
23 July 2015 at 15:04

I have just submitted my tax and it says the following "Thank you for submitting your income tax return for the 2015 year of assessment. Your assessment has been concluded and reflects an amount refundable to you of R -11958. 52"

Does that mean I owe SARS R11958. 52?

TaxTim Evan TaxTim Evan said:
23 July 2015 at 15:14

No, this means that SARS owes you money:)

Thomas said:
23 July 2015 at 15:17

AWESOME! When will I find out if I am being audited?

TaxTim Evan TaxTim Evan said:
23 July 2015 at 20:30

You should know already, you would have received a letter from SARS requesting more documents.

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.