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I was late in submitting my returns and a penalty notice was issued.



I was late in submitting my returns and a penalty notice was issued. I then (very quickly) finalised my returns which showed that SARS would owe me a refund. Does SARS deduct the penalty from my refund or do I have to pay the penalty first?

TaxTim TaxTim says:
13 May 2013 at 13:43

SARS will subtract the penalty before paying out the refund - you will get the nett amount owing to you so you won't have to worry about paying before you receive your refund.

MaryAnn says:
13 May 2013 at 14:13

Thank you!

TaxTim TaxTim says:
14 May 2013 at 8:24

Only a pleasure!

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