What does it mean if sars amount is negative?

What does it mean if sars amount is negative?


Question: What does it mean if sars amount is negative?

A negative sars amount means that you have paid more tax than you owe, and you are eligible for a refund from the South African Revenue Service (SARS). This can happen if your employer deducted too much tax from your salary, or if you have claimed deductions or credits that reduce your taxable income. To get your refund, you need to file a tax return and provide your bank details to SARS. You can check the status of your refund online or by calling the SARS contact centre.


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