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SARS Payout

Posted 19 February 2016 under Tax Questions



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Anna says:
19 February 2016 at 12:18

I owed SARS money (Statement of Account Period: 2015/07/28 To 2016/01/28), I submitted a dispute, and the following is now showing. SARS Status: Please note that your tax return cannot be processed immediately due to an outstanding Tax Directive. Therefore, manual intervention is required. SARS will advise you as soon as your tax return has been assessed 2016/01/28. When I followed up this is the newest update:
NOTICE OF ASSESSMENT: REDUCED ASSESSMENT 2016/02/15. The amount stated here is a negative amount/ amount with a minus infront. Do they deducted this amount from the amount I owned them, or do they owe me this amount?
On all the other pages it states that no monies is outstanding?

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TaxTimTaxTim says:
19 February 2016 at 17:55

Check the second page of the ITA34 - there will be a paragraph with a balance on it which will indicate the total amount owing or to be owed.


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