07 Mar Tax Season is here!
As an individual or business owner, you have submitted your tax return correctly and timeously. All you can do now is wait for the refund that you have anticipated. A SARS audit should be the least of your worries.
Any taxpayer can be selected by SARS and you should know what to expect if you or your business is referred for an audit. The audit can take anything from 30 days to 12 months or longer, depending on the complexity of the matter.
Tax Risk Insurance is the most effective protection for you and your business if you’re ever selected for an audit by SARS. When you’re covered by a Tax Risk Insurance Policy, your tax audit problem will not make you lose sleep at night. Most importantly for you, the cost of employing top tax specialists to defend your case is covered by the policy, right from the beginning.
It’s easier than ever to take out this cover in minutes, by merely going online via the Apio Website www.apio.co.za (refer to the Quote Tab at the top of the page) or click on the following link https://shop.taxrisk.co.za/Direct/ApioRisk/Quote
F.J. Raymond: “Next to being shot at and missed, nothing is really quite as satisfying as an income tax refund.”
To read more about our Tax Risk Insurance offering click here.
Daily Maverick article: Revamped SA Revenue Service reels in big fish, focuses on superwealthy.