The South African Revenue Service (SARS) has said that taxpayers due for refunds during this year’s filing season can expect quicker payments
The South African Revenue Service (SARS) has said that taxpayers due for refunds during this year’s filing season can expect quicker payments, with eligible refunds of R100 or more being processed automatically within around 72 hours once an assessment is completed.
The tax season officially kicks off on Wednesday, with auto-assessments marking the start of the filing period as millions of taxpayers are given access to their pre-populated returns.
The revenue service said that the early phase is expected to see high system traffic, but the process is designed to make refunds faster and reduce delays for compliant taxpayers.
"Refunds of R100 or more will be paid automatically within 72 hours. Refunds of less than R100 will be added to your account and paid out when your account balance exceeds R100," SARS said.
