I submitted my tax return for the 2014 period right on the deadline date. However my 2012 return was not submitted, I finally managed to get the IRP5 and did the submission. In both returns I have a quite high refunds, I was wondering if SARS will penalise me for late submission? Or will they penalise me for the 2012 return only. Last year I was due a refund and they paid it out without any problems.
TaxTim Marc said: 9 December 2014 at 8:29
If you have not been penalised yet then there won't be any penalty for a late submission and your refund should be paid out.
