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REFERAL FOR AUDIT WHY WOULD THIS HAPPEN AND HOW LONG FOR FINALISATION

Posted 31 July 2015 under Tax Questions



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TMAN says:
30 July 2015 at 23:10

I have been referred for audit for my 2015 tax returns, why would this be the case and how long does SARS take to finalize for payment if due. best regards

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TaxTimTaxTim says:
31 July 2015 at 9:12

SARS generally audit 1 out of 4 taxpayers and there can be any number of reasons such as earning extra income, having a travel allowance and claiming a deduction and a few others. The audit can take 21 days to complete and then you will receive a Letter of Completion which will have the result of your audit.


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