Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Dates and Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

SARS Audit - Proof for sideline income

Posted 10 July 2015 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
James says:
9 July 2015 at 10:08

I'm being audited by SARS, they have asked me for bank statements and payslips. I do currently have a permanent job, but have a part time or side line job as well. The amounts I get paid to do the work is not a constant amount every month and some months has no income at all. These payments are either in cash or via eft which will be on my bank statements of course.

What would the impact on myself be from SARS? I complete my tax every year, but this is the first time I get asked to provide these documents together with my IRP5 and other supporting documents.

This entry was posted in Tax Questions and tagged , , , . Bookmark the permalink.

TaxTimTaxTim says:
10 July 2015 at 8:50

Do you have invoices for these amounts, else you can include the portions of the bank statements showing the money received, but SARS would prefer some more formal documentation.


Get SARS Tax Dates and Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →