Interest on debt with SARS?

By Marc Sevitz · Updated

Kirsten

Kirsten said:
2 June 2015 at 7:44

If I owe Money to SARS. How do SARS calculate the interest on the money that I owe to SARS
TaxTim Marc

TaxTim Marc said:
3 June 2015 at 6:57

They take the SARS official rate of interest for whatever period it is you owe them and use that to calculate it.