SARS tax return refund turn around time

Filed on Tuesday, was required to submit supporting docs. Got final assessment Wednesday. No refund yet.
 
Yah main delay was the xfer to bank clearing which adds a day, but alert of incoming funds at bank/FNB was 34hrs after submission on SARS eFiling on Sunday night
 
got paid out this morning around 6:45am (did it Tuesday morning).
 
Last two years turnaround was within two weeks and both times I was audited. 2007 was my worst year as I used a tax practitioner who submitted a vehicle claim and the system could not handle it for some reason. Eventually I removed the vehicle portion of the claim and resubmitted but their system still required me to send in documentation that I did not have as I sold the car. Anyways, they witheld payment on my 2007 return and all subsequent years until the 2007 one was resolved so despite 2008 and 2009 being fine they would not pay. After many letters to them about the 2007 thing and me eventually giving up on the money after about 2 and a hlaf years or so they suddenly payed me out for all 3 years. Was idiotic. Glad the last gew filed via efiling have gone so much smoother.
 
I received my second assesment. I don't understand this.

"Thank you for submitting your income tax return for the 2013 year of assessment. Your assessment has been concluded and reflects an amount payable by you of R 500.00 . Payment should be made by 2014-01-31 after which interest will accrue on this assessment as from 2013-08-01

Please note that this amount only reflects your income tax assessment and does not reflect tax payable under any previous assessment or any other balances on your account. The current balance on your assessed account is R -3500.00."

My original assessment before submitting my supporting documents was R-4000.00. Does this mean I am going to get the R3500.00paid out to me? Or do I need to pay them R500.00?

I haven't received the R4000.00 yet.

NB. The values are only for example.
 
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Submitted last night and SARS owe me 16 cents. Don't think I'm going to get it though :p
 
1 day for me....

Submitted on Tuesday evening, money cleared this morning.
 
Received my completion letter today. Hopefully the refund is reflected in my account soon.
 
marco79 said:
I received my second assesment. I don't understand this.

"Thank you for submitting your income tax return for the 2013 year of assessment. Your assessment has been concluded and reflects an amount payable by you of R 500.00 . Payment should be made by 2014-01-31 after which interest will accrue on this assessment as from 2013-08-01

Please note that this amount only reflects your income tax assessment and does not reflect tax payable under any previous assessment or any other balances on your account. The current balance on your assessed account is R -3500.00."

My original assessment before submitting my supporting documents was R-4000.00. Does this mean I am going to get the R3500.00paid out to me? Or do I need to pay them R500.00?

I haven't received the R4000.00 yet.

NB. The values are only for example.
Click to expand...

My Statement of Account says my balance is R-3000.00.

After the re-assessment I will be getting 85% of my original assessment value. Hopefully I will get it tomorrow.

Once I receive the funds I will submit a dispute. They only took my business kilometers into account until 28 Oct 2012 instead of until 28 Feb 2013.
 
marco79 said:
My Statement of Account says my balance is R-3000.00.

After the re-assessment I will be getting 85% of my original assessment value. Hopefully I will get it tomorrow.

Once I receive the funds I will submit a dispute. They only took my business kilometers into account until 28 Oct 2012 instead of until 28 Feb 2013.
Click to expand...

Still no refund yet. Statement of Account only issued this morning. Money should be in tomorrow.
 
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Fark! Bank account changed, so now i have to go in :/ sigh, this is going to be a mission.
 
marco79 said:
I received my second assesment. I don't understand this.

"Thank you for submitting your income tax return for the 2013 year of assessment. Your assessment has been concluded and reflects an amount payable by you of R 500.00 . Payment should be made by 2014-01-31 after which interest will accrue on this assessment as from 2013-08-01

Please note that this amount only reflects your income tax assessment and does not reflect tax payable under any previous assessment or any other balances on your account. The current balance on your assessed account is R -3500.00."

My original assessment before submitting my supporting documents was R-4000.00. Does this mean I am going to get the R3500.00paid out to me? Or do I need to pay them R500.00?

I haven't received the R4000.00 yet.

NB. The values are only for example.
Click to expand...

I would suggest you call them as this means you have R3500 due to you. My mom had such a case in 2010; after giving them a ring, they tallied up and processed a difference payment on 48 hours later.
 
4cer said:
Fark! Bank account changed, so now i have to go in :/ sigh, this is going to be a mission.
Click to expand...

Mine changed too - I uploaded a statement as part of my Documents for Review, hope it flies :p
 
xrapidx said:
Mine changed too - I uploaded a statement as part of my Documents for Review, hope it flies :p
Click to expand...

It won't unfortunately, my bank details changed 2 years ago and despite countless calls to SARS and uploading of all documents, I had to go in with everything anyway. Quite annoying... puts me off switching banks forever.
 
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