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

What is the - sign for on my ITA34?

Posted 17 November 2014

when an assessment is done and I get a refund amount with a - sign what does it mean e.g refund amount -R 300.00

TaxTim says:
17 November 2014 at 16:41

That means you will be refunded the amount from SARS.

This entry was posted in Tax Q&A and tagged Salary / IRP5, Deductions, Audit / Verification. Bookmark the permalink.

Blog Categories

Salary / IRP5 (4,694 posts)
Independent Contractor (989 posts)
Provisional Tax (660 posts)
Medical (967 posts)
Capital Gains (408 posts)
Donations (245 posts)
Deductions (3,809 posts)
Commission (1,052 posts)
Rental Income (967 posts)
Retirement (1,042 posts)
Dividends (1,043 posts)
Depreciation / Wear and Tear (350 posts)
Penalties (779 posts)
Travel Allowance (769 posts)
Audit / Verification (2,663 posts)
Tax Threshold (496 posts)
Foreign employment income (202 posts)
SARS & eFiling (2,101 posts)
Company Tax (1 posts)
PAYE & UIF (41 posts)
Source Code (2 posts)
TaxTim in the Media (1 posts)
Tax Tables (2 posts)
Financial Literacy Series (3 posts)
Cryptocurrency (3 posts)
Auto-Assessments (1 posts)

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.