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How much money am I getting after the second assessment?

Posted 18 August 2015 under Tax Questions



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Sandi says:
18 August 2015 at 12:53

After the second assessment SARS says "Your assessment has been concluded and reflects an amount refundable to you of -R2056. 00". And then: "the current balance on your assessed account is R331. 72"

What does this mean?

There has been a lot of assessments done and I am now confused with what is happening. Is there an amount that will be payable to me here?

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TaxTimTaxTim says:
18 August 2015 at 14:42

You need to obtain a Statement of Account to the current date. You can do this via SARS eFiling or request it from the SARS Helpdesk on 0800 007277. This will show you the final tax liability/amount refundable from SARS.

From what you have told me above, it looks like the overall position is that you owe R331,72 to SARS but run an up to date Statement of Account to check.


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