I recieved a letter from sars to say that my income tax had been assessed and that I had remuneration of R31452 which was now included in assessment. Does this mean i owe sars money? or do they owe me money?
TaxTimsays: 14 September 2012 at 17:40
Based on that information it would appear that SARS have added income to your return and will then tax you on it meaning you will owe SARS money. Go onto eFiling and request an ITSA - statement of account and see what the outstanding balance to determine the exact situation. The ITSA will tell you what amounts, if any, are owing to either you or SARS.
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