A tax audit is an investigation to determine whether the information provided to the IRB on the information/ tax return is correct - and as a result the audit can determine whether the proper amount of tax was paid.

The burden of proof during the audit is on the taxpayer - you have to prove to the IRB that all of the information on the return (the amounts of income, the exclusions, exemptions, deductions and credits) is true and correct.

Very often, the taxpayer is required to go to the IRB investigation office, but in some cases, the IRB’s officers will go out and meet with you at your home or office.

With the implementation of the self assessment system for companies starting from year 2000, IRB will be making more field tax audits. Some of these tax audits are relatively routine in nature. The intention is to keep all tax payers on their toes.

Whether you need professional assistance with an audit depends on your particular circumstances. If your tax matters are simple, you may be able to handle it yourself or be your accountant.

But if your tax matters are complex or if you do not fully understand taxes or its implications, you should get a professional to assist you.

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