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What do the sms' from SARS mean, once I have submitted my returns?

Posted 11 October 2012 under Tax Q&A


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I have submitted IRP5 forms from 2009 and have received four SMS's stating the following 1st SMS "thank you for filing your 2009 tax return result -R534 acc balance -R985." 2nd sms for 2010 return results "-R300 account balance -R451." 3rd sms for 2011 assessment result "-R151 acccount balance -R151." The 4th sms for 2012 assessment result "R0 account balance R0." Please explain what do these sms's mean and what does it mean on the sms when it says, "audit:no?"

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TaxTim TaxTim says:
23 February 2013 at 16:48

The negative balance indicates money owed to you by SARS. By saying that the you are not being audited it means your return has been successfully submitted.


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