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SARS says -R1000. What does that mean?

Posted 3 August 2013

If there is an -R1000 in red on my assessment, what does that mean?

TaxTim Marc TaxTim Marc said:
4 August 2013 at 18:54

It means you are due a refund from SARS. Their system reflects your balance from their point of view (in accounting terms), so a negative balance means money due back to you.

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