Why is SARS not refunding amounts below R100?

R100 is a lot of money so why can't i claim it as a refund if it's due to me as a tax abiding citizen?
The process to pay out cash to tax payers as refunds is costly, it is therefore not a good idea to pay out R100 as a refund when the cost of doing so is R150(example). For more clarity contact Simphiwe on 071 534 8873

What SARS does is to carry this amount forward into your account and may be used to set off whatever liability you could be having in the next tax season, in other words; the R100 SARS owes doesn't disappear, it's only carried forward.


Comments