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Will SARS pay interest for their delay? When will I get my money?

Posted 8 August 2013 under Tax Q&A


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Hi Tim, I submitted my IRP5 and supporting documents on the 11th July 2013. They told me it will take 21 working days for me to get my money but I have not received anything yet. Will SARS pay interest to me for their delay? When will I get my money?

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

TaxTim TaxTim says:
12 August 2013 at 21:26

Unfortunately SARS do not pay interest for amounts owing within the assessment period. They can actually take up to 1 year to pay out so the best thing to do is to be patient and forget about it until you get that great SMS telling you about the bank deposit. It has been 30 days, so hopefully this will happen sooner rather that later.


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TaxTim will help you:
  • Do Your Tax Return Easily
  • Avoid penalties
  • Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

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