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Difference between document verification and SARS audit

Posted 20 August 2013 under Tax Questions



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Hi Tim, what is the difference between a document verification and an audit from SARS?

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TaxTimTaxTim says:
20 August 2013 at 23:18

A verification is a match between the amounts included in the ITR12 and the documents that determine those amounts. An audit is an investigation of those documents and all the supporting amounts.


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