Is a minus number a good thing on SARS efiling?

Riveting stuff, especially for those overseas (not), but there really needs to be a website devoted to these sort of things. An SA FAQ or something similar with straightforward answers to simple questions. I’m not going to do it, but I am going to do this one. And maybe one about what time the booms at Kenilworth Station are closed each day. That would also be helpful.

But anyway, without further ado:

YES!
A MINUS SIGN on your IT34 Notice of Assessment fom SARS MEANS THAT THEY OWE YOU some money.

Look for the line:

Net amount refundable under this assessment                          -1234.56

to see how much they’re going to pop into your bank account.

Of course, the converse is true if you don’t see the minus sign there. Sorry. You owe your bit towards a new gold plated bog roll holder for the 78th guest loo in Nkandla.

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