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Income Tax Verification

Posted 20 November 2012

Hi Tim, My accountant has phoned and stated that "SARS now needs supporting documents to verify my return submitted by my accountant." Could this mean that I mite well be up for selection for an audit? if not, how long does this verification process take before I receive my return?

TaxTim TaxTim says:
13 November 2012 at 21:16

Thanks for the question! It does mean that you are having your tax affairs verified by SARS, but don't be scared it is not a traditional audit. SARS wants to check the information they have matches up with the information you have submitted.

The unfortunate answer is that SARS can take anywhere between 1 day and 9 months to finalise this process. My only advice is to forget about it and when the sms arrives with the refund then spend wisely.

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