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Do I have to give my bank statements when I register as a taxpayer?

Posted 10 June 2013

SARS told me today that I must submit three months recent bank statements when I submit my registration forms - IT 77. Is this an error on the part of SARS official? Also advise me why my bank statements are needed.

TaxTim TaxTim says:
10 June 2013 at 19:43

You need a letter from the bank confirming your bank account number and the account holder. This must be stamped and signed by the bank and be an original.

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