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Even your own bank transfer could land you in trouble with SARS

Transfers between your own accounts are not automatically taxable, but SARS may request documents explaining deposits during a verification. Taxpayers should keep statements and proof showing the source and nature of the money.

Even your own bank transfer could land you in trouble with SARS

We haven't written up this one. IOL has the full story — the link below goes straight to it.

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