Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

What does it mean to receive a penalty?

Posted 6 November 2012 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
What does it mean to receive a penalty?

This entry was posted in Tax Questions and tagged , . Bookmark the permalink.

TaxTimTaxTim says:
30 October 2012 at 15:56

Receiving a penalty usually means you have not submitted your previous returns on time and therefore SARS will issue you with an administrative penalty. You should quickly submit your returns to avoid more penalties and interest being charged on it as well.


Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →