Terminology between Verification and being audited?

By Marc Sevitz · Updated

Deaf

Deaf said:
20 October 2015 at 16:28

Hi there. Is there a big difference between verification and being audited?

Regards. Ulf-Dieter
TaxTim Marc

TaxTim Marc said:
21 October 2015 at 6:33

Yes, a verification is a "'quick" check by SARS to see if the information submitted matches the information they have on record while an audit is a full check of all documents which can take up to 3 months.
Audit / Verification