Loading...

NewsDesk

NewsDesk

SARS notes challenges with refund reversals

Accident
Snazo Gulwa
Fri, 26 Jul 2024

SARS notes challenges with refund reversals

The South African Revenue Service says it has noted the challenges with respect to refund reversal on some of the accounts of taxpayers. Since the beginning of the Filing Season, SARS has paid out in excess of R14 Billion to 1.5 million taxpayers. SARS says information indicates that 30 thousand taxpayers have witnessed reversal of their refunds. 90% of all refunds have been released and any remaining refunds will either be released or taxpayers will be engaged to provide supporting documents where necessary by Monday. SARS has apologised to taxpayers for the inconvenience caused in this validation process.