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What does the "-"before the calculated tax amount mean?

Posted 16 July 2013 under Tax Questions



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I am trying to submit my SARS tax return and when I selected the calculate button it gave me a breakdown of income etc. My question is though, my calculated tax result says -R4568. What does this mean? Do I owe the South African Revenue Services this money or is this money due to me?

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TaxTimTaxTim says:
17 July 2013 at 15:39

It means this is money owed to you as a refund.


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