TaxTim says: 8 July 2014 at 12:03 It should take 30 working days and you will be issued with a Completion Letter from SARS signifying whether any changes have been made or not. |
Fabs says: 8 July 2014 at 22:45 Just to clarify is a verification the same as an audit? |
TaxTim says: 9 July 2014 at 7:19 Yes it is, SARS calls it an audit, but then the letter received speaks of a verification, but it is just a check of information. A real audit would be SARS coming to your home and asking for a lot more documents. |
Fabs says: 14 July 2014 at 8:35 To clarify again I have sent through all the supp docs for the verification/audit process, which was on the 4th July. Tim how seen do you think I can expect a response or is there anyway to speed up this verification/audit process, as I am hoping my returns will not be dragged on for another couple of weeks. |
TaxTim says: 14 July 2014 at 9:34 There were major issues with the refund process last week which SARS have assured us have been sorted. You should receive a Completion Letter in the next couple of days and thereafter the refund a day or two later. |
Fabs says: 16 July 2014 at 14:35 Hi Tim Thanks for your response. To date I havent had any response yet from SARs yet regarding my returns. I have a tax practitioner who submits my returns. Should I follow up with SARs or just be patient with the process? |
TaxTim says: 16 July 2014 at 15:50 The tax practitioner should be constantly following up with SARS and providing you with information whenever you contact them. |
Fabs says: 22 July 2014 at 11:48 Hi Tim My tax practitioner forwarded me a letter stating that my returns are going for audit last week an Friday. Tim the last tax season I was also audited and comparitively my returns for this season is very similar in nature. So why the audit yet again? Is this because I am a full commission earner and my submitted returns are of a reasonably high value, How long does this process entail? . |
TaxTim says: 22 July 2014 at 12:48 Yes, SARS are looking at that carefully. The audit should take 21 days to finalise assuming there are no issues. |