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Two things you must do to survive a SARS audit

by , 20 August 2014
The very thought of a SARS audit is terrifying. It sends shivers down the spines of business owners everywhere as they picture SARS digging through their files. What if SARS finds a mistake? Then what'll happen?

Before you lose yourself down that rabbit hole, we're here to tell you, you CAN survive that SARS audit. There are two things you must do to ensure the audit is painless and the findings are in your favour.

So ensure you do these two things before you do anything else...

 

Here's the first thing you must do to survive a SARS audit

 
The first thing you must do to survive a SARS audit is prepare. Now I don't mean preparing the day SARS tells you it's auditing you. No! You must start preparing TODAY!
 
You see, that audit could happen at any time. This means you need to ensure your financial records are always in audit-proof condition. 
 
So starting from today, go through your records with the eye of an auditor. Look for mistakes and errors that, if a SARS auditor finds them, could land you with serious penalties.
 
Ensure you have every piece of information and check out the How to survive a SARS tax audit guide. It'll show you all the steps the SARS auditor will take to check out your documents.
 
The next thing you must do happens during the audit.
 
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To survive a SARS audit, you must help it along

 
To survive a SARS audit, you must be helpful and give the auditors any information they ask for. If you're resistant and stubborn, they'll think you have something to hide and they'll dig harder to find it. 
 
If you're compliant and helpful, the process will move faster and they won't be suspicious of foul play.
 
So ensure you do these two things and your SARS audit nightmares will turn into pleasant dreams.
 

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