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When you receive notice of an audit, you must ask SARS for copies of identifications cards. Here's what to do once you get them...

by , 30 October 2014
SARS has the power to audit your business. But the good news is, tax law regulates this, which means your rights are protected too.

In terms of the Tax Administration Act (TAA), SARS must give you reasonable notice, in writing if it wants to conduct an audit. The notice must indicate when the audit will take place and what type of audit SARS will conduct.

When you receive notice of the audit, you must send SARS a letter asking for copies of identification cards of the auditor and the team leader or line manager.

Once SARS sends you these, you must do the following...


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Do this once you get copies of identifications cards from SARS

 
The Practical Tax Loose Leaf Service explains that once you have the copies of the cards, you must send SARS another letter and ask for clarity on the following:
 
1. Under what Act and what provisions you must provide the information it wants; and
 
2. What the purpose of the audit is.
 
In the letter, also ask for a copy of the risk analysis report and a copy of the audit file.
 
You must address all correspondence to the line manager or team leader and the auditor to make sure the auditor doesn't act on his own.
 
Remember, SARS isn't above the law. All activities and decisions it takes must be constitutional even when it conducts an audit. If they aren't, you have the right to challenge the action or decision.
 
So now that you know what to do after SARS sends you copies of identifications cards, enforce your rights when it comes to audits.
 
PS. Find out how to take the hassle out of tax, audit-proof your business and make the Receiver your friend!


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