HomeHome SearchSearch MenuMenu Our productsOur products

One tip you should never forget when it comes to preparing for a SARS audit

by , 20 August 2014
SARS could decide to audit you at any time. It could be today, next week or five years from now. But chances are it will happen.

That means you need to start thinking about how you'll survive that audit while you have the time.

But how do you survive a SARS audit when they go through everything with such a finetooth comb? The truth if it's simpler than you think.

You can survive that SARS audit just by using this one tip...

 

Here's the tip that'll help you survive a SARS audit

 
The SARS auditors go through every book and record to ensure you didn't hide something or make a mistake. So the best way to avoid them finding any is to prepare your books carefully and ensure there aren't any mistakes.
 
Preparing for a SARS audit is the best way to ensure you survive it. But it's no good only starting your preparation once you know it's auditing you. 
 
You must prepare your books and financial records today and every day. 
 
But it may not be enough to just go through them and ensure all the amounts you think should be there are. 
 
You need to go through your company's finances in a specific way.
 
*********** Reader's choice  ***************
 
Be invisible to SARS
 
Six reasons SARS will audit you...
 
 
***************************************
 

You must go through your company's finances like a SARS auditor

 
To beat a SARS auditor, you must think like one. That means going through every record the way an auditor will and looking for the errors he'll look for. 
 
To help you do this, check out the How to survive a SARS tax audit guide. It'll take you through all the steps a SARS auditor will take when assessing your tax compliance.
 
If you follow these same steps, you can ensure your company's finances are audit-proof.
 


Related articles




Related articles



Related Products



Comments
0 comments


Recommended for You 

  Quick Tax Solutions for Busy Taxpayers – 35 tax answers at a glance



Here are all the most interesting, thought-provoking and common tax questions
asked by our subscribers over the last tax year – everything from A to Z!

To download Quick Tax Solutions for Busy Taxpayers – 35 tax answers at a glance click here now >>>
  Employees always sick? How to stop it today



Make sure you develop a leave policy to regulate sick leave in your company.

BONUS! You'll find an example of the leave policy and procedure in this report.

To download Employees always sick? How to stop it today click here now >>>
  Absenteeism: Little known ways to reduce absenteeism



This FREE e-report will tell you how you can reduce absenteeism in your workplace while avoiding the CCMA and without infringing your employees' labour rights.

To download Absenteeism: Little known ways to reduce absenteeism click here now >>>
  7 Health & safety strategies to save you thousands



Don't let a health and safety incident cost you one more cent. Implement these seven
strategies in your company today.

To download 7 Health & safety strategies to save you thousands click here now >>>