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Tax return assessment results - what does this mean?

Posted 3 January 2013 under Tax Q&A


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I have received this SMS from SARS:

"Thank you for filing your 2011 tax return Assessment Result: R0 Account Balance: R-2574 Selected for Audit: No"

What does it mean?

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

TaxTim TaxTim says:
27 November 2012 at 6:53

This means that you are due a refund from SARS and will be paid out shortly.

Mpho says:
27 November 2012 at 7:04

Thanks you Tim for the quick response.
Much appreciated!

TaxTim TaxTim says:
27 November 2012 at 7:07

Only a pleasure! Enjoy your refund!

Mpho says:
28 November 2012 at 10:28

Good day Tim

Sorry to bother you again I received another SMS:

"Thank you for filing your 2012 tax return Assessment Result: R-2074 Account Balance: R-2074 Selected for Audit: No"

This one is for 2012, does it mean I'm due for a refund again?

Thanks

TaxTim TaxTim says:
28 November 2012 at 13:41

Yes, if SARS has already paid your amount from 2011 then you will be due another refund of the R2 074 as well!

Mpho says:
28 November 2012 at 15:32

Thanks again


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