SARS – Interest rates

Interest rates 

SARS has published the July 2022 edition of the Interest Rate Tables (Tables 1 and 2), relating to the interest rates on outstanding taxes and interest rates payable on certain refunds of tax (Table 1) and interest rates payable on credit amounts (Table 2).
Find a copy of Table 1 here.

This rate finds application in respect of interest charged on outstanding taxes, duties and levies and in respect of interest payable in respect of refunds of tax on successful appeals and certain delayed refunds.

Find a copy of Table 2 here. 

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