Tax season is underway, with SARS processing millions of auto-assessments and paying out billions of rand in refunds. But while many South Africans are expecting money back, financial experts are warning against borrowing or spending based on refunds that haven't yet reached their bank accounts.

The National Briefing · Jul 10, 2026 · 3m

Tax season is underway, with SARS processing millions of auto-assessments and paying out billions of rand in refunds. But while many South Africans are expecting money back, financial experts are warning against borrowing or spending based on refunds that haven't yet reached their bank accounts. Delays, compliance checks, or outstanding tax obligations could leave consumers in even deeper financial trouble.

Guest: Samantha Moyana, Debt Counsellor at National Debt Advisors