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Fines Payable on Audit discrepancies?

Posted 6 November 2013 under Tax Q&A


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I am getting audited - if they pick up a discrepancy is there a fine I will have to pay? I am not a tax expert and is worried that I made a mistake.

This entry was posted in Tax Q&A and tagged , . Bookmark the permalink.

TaxTim TaxTim says:
6 November 2013 at 17:46

If you made a genuine mistake and SARS penalise you then you will be able to admit fault and SARS will reverse the penalty.


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Do your
Tax Return in
20 minutes
or less!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started