I filed my taxes and documents were requested by SARS which I sent through. I received a letter called a completion letter. THis is what the letter says " Dear Taxpayer
VERIFICATION OF ASSESSMENT
We refer to the verification of your assessment for the 2013 tax period. Please note that no adjustment has been made to this assessment. However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required.
Should you have any queries please call the SARS Contact Centre on 0800 00 SARS (7277). Remember to have your ID number or income tax number at hand when you call to enable us to assist you promptly.
This means that whatever was calculated on your original assessment remains the same with no changes! You don't need to do anything further.
Sjumbanasays: 4 July 2013 at 22:44
Thank you, it's a relieve knowing I don't have to do anything further. One last question(I think). The IT34 I received reads: "Thank you for submitting your income tax return for the 2013 year of assessment. Your assessment has been concluded and reflects an amount payable by you of R 387.68 . Payment should be made by 2014-01-31 after which interest will accrue on this assessment as from 2013-08-01
Please note that this amount only reflects your income tax assessment and does not reflect tax payable under any previous assessment or any other balances on your account. The current balance on your assessed account is R -8338.34. For a statement reflecting your final balance (including all amounts payable or refundable under any previous assessment, refunds, payments, additional taxes/ understatement penalties, penalties and interest), please request your statement of account from SARS through the following channels.
What does this all mean?
TaxTimsays: 8 July 2013 at 9:42
It SARS' way of confusing taxpayers, but what it means is that although for is year you owe them R300, overall they owe you the R8800.
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