Tax refunds delay: SARS explains why some payments might be delayed
While some taxpayers are laughing all the way to the bank after receiving their SARS tax refunds within days, others may still be wondering why their refunds have not yet arrived.
IOL previously reported that the revenue service issued 5.8 million auto-assessments this year, with the majority of refunds processed within 72 hours. SARS has paid out around R10.6 billion in tax refunds.
SARS has also confirmed that, following the successful completion of the auto-assessment period, the filing period is now open for taxpayers who were not auto-assessed or who wish to update their tax returns.
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