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When is a refund paid into your account after the assesment?

Posted 15 July 2015

Candice says:
15 July 2015 at 11:56

Good day

I have submitted my tax return as well as all the supporting documents. My SARS eFiling status says "assessment received" and the SARS status says "return assessed". I have requested a statement of account and I have an amount owed to me as per the statements and the IT34 but how or when is the refund paid into my bank account?

TaxTim TaxTim says:
15 July 2015 at 13:45

You need to receive a Letter of Completion from SARS first, with the result of your verification and thereafter you will be paid. It can take up to 21 days... :/

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