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Scared because amount refundable to me is negative amount

Posted 23 July 2015 under Tax Q&A


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Thomas says:
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?

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

TaxTim TaxTim says:
23 July 2015 at 15:14

No, this means that SARS owes you money:)

Thomas says:
23 July 2015 at 15:17

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

TaxTim TaxTim says:
23 July 2015 at 20:30

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


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help you
submit your
Tax returns!


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 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

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

Let Tim submit your tax return direct to SARS in just a few clicks!