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Frequently Asked Questions

Your questions on tax audits answered

What should I prepare before an audit review?
Before the audit review begins, gather your most recent filings along with supporting documents such as detailed expense records, receipts, schedules of declarations, and any correspondence received from authorities. Organize these materials chronologically and group them by category to streamline the review process. Having a clear index of documents and internal notes on any unusual items can greatly speed up assessment and help address queries efficiently.
How does Taxorva assist during a tax audit?
Taxorva provides end-to-end support during the audit process by conducting pre-audit checks, organizing and verifying documentation, and liaising directly with review officers on your behalf. We prepare concise responses to queries, advise on potential adjustments, and ensure that any required clarifications are submitted accurately and promptly. Our goal is to help you navigate each step with clarity and confidence.
Can I get support after an audit is finalized?
Yes. After the audit concludes, Taxorva offers a post-review summary that highlights key findings, any required follow-up actions, and recommendations for future filings. We can also assist with amendments if adjustments are requested by authorities. This ongoing support helps you incorporate lessons learned and strengthens your approach to compliance in the next reporting cycle.
How long does the audit process usually take?
The duration varies based on the complexity and volume of your filings as well as the scope of the review. Typically, a standard review can take four to six weeks from initial document submission to final feedback. Complex cases with extensive records may take longer. Taxorva works to expedite each phase by organizing materials promptly and responding swiftly to any follow-up queries.
Is my information kept confidential?
Absolutely. Taxorva adheres to strict confidentiality protocols and data protection standards. All information you share is secured within our systems and only accessible by authorized advisors. We are registered under Business ID S7921439A and comply with local regulatory requirements for data security and privacy.
How can I prepare for a tax audit in Singapore?
Start by gathering and organizing all relevant documentation, including previous tax filings, expense records, and correspondence with tax authorities. Conduct an internal review to identify any inconsistencies or gaps. Engage experienced advisors at least one month before the audit to perform a mock review, address questions, and streamline your records.
What support does Taxorva offer during a tax audit?
Taxorva provides end-to-end assistance during every stage of the audit process. Our team will liaise directly with the tax agency on your behalf, prepare required documentation, and represent your interests during meetings. We offer clear updates, strategic advice on responding to queries, and follow-up services to address any post-audit adjustments.