South African taxpayers eager to get their refund for 2019 may not have to wait very long – provided there are no issues identified by the taxman.<\/p>\n
The South African Revenue Service (SARS) explained to BusinessTech that a refund for a current year personal income tax return will be paid out only once the tax return has been risk assessed and where no risk has been detected.<\/p>\n
“In such a case, the turnaround time for the refund to be paid out is 7 days<\/strong>,” it said.<\/p>\n “In a case where a risk was detected and there is a requirement for additional information or validation of information such as personal details, any refund due would be processed once the requested information was received and the assessment finalised.”<\/p>\n The tax body said that it has been encouraged<\/a> <\/strong>by a positive uptake in the number tax returns submitted via eFiling already.<\/p>\n It said that over half a million individuals logged on in the first two days \u2013 of whom 297,488 requested their return and 188,140 filed.<\/p>\n
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