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Audit - what does it mean?

Posted 18 November 2014 under Tax Questions



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I have submitted my tax return on eFiling and I was selected for an audit, now I see there's a notice stating statement of account tax assessed. Does that mean my audit is completed? If so how long does it take for pay out?

Great website, very informative....

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TaxTimTaxTim says:
18 November 2014 at 17:04

Glad we could assist! No, you need to receive a completion letter from SARS and then your audit would have been completed and you will receive your refund. However in some cases a further audit can take place which delays the process.


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