Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Verification of Assessment - what now?

What does this mean for my refund?



When SARS has completed their audit, they send a letter called a Verfication of Asssment/Completion Letter. This has the following wording:

VERIFICATION OF ASSESSMENT

We refer to the verification of the assessment for the 20xx tax period. Please note that no adjustment has been made to this assessment. However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required.

This is good news, what it really means - in simple speak - is that SARS is done with your audit and nothing has changed from the previous result. So if you are due a refund, this should be in your bank account within 7 working days.



This entry was posted in TaxTim's Blog and tagged , . Bookmark the permalink.

10 most popular Q&A in this category



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.