SARS is starting to audit cryptocurrency traders in South Africa – here’s what you should know Subscribe When a taxpayer files a tax return, SARS may send a request for verification or “audit request” in which it seeks clarification and/or supporting documentation from a taxpayer. The information sought by SARS is inevitably linked to the disclosures made by the taxpayer in that return. This is a preliminary step taken by SARS in audit proceedings, and it is crucial that taxpayers prepare themselves accordingly for this ahead of time. Specialist firm Tax Consulting South Africa says it has recently been approached by taxpayers who were presented with a SARS audit request. These requests posed standard questions as would be expected on the taxpayers’ returns, but also went further to request the following: