AIT Clearance Support Built Around Tax Readiness and Traceable Source of Funds
Structured application support that connects your taxpayer profile, transfer purpose, accounting records and source-of-funds evidence before the file reaches SARS or your authorised dealer.
Funds can be available while the application file is still not ready.
AIT work is not only a form-completion exercise. The taxpayer profile, transfer purpose, transaction flow and supporting evidence must tell one consistent story.
Documents collected
Records gathered
Statements and documents may exist, but gaps, inconsistent values or unclear transaction links can remain unresolved.
A strong file connects four questions before submission begins.
The exact evidence depends on the applicant and transaction, but these control areas shape the first assessment.
Tax profile
Confirm the taxpayer profile, registrations, returns, debt position and details that may affect the application.
Transfer purpose
Define the proposed transfer, applicant context and the pathway that the bank or authorised dealer is assessing.
Source of funds
Trace the origin of the funds and connect it to contracts, statements, disposals, distributions, earnings or other supporting records.
Supporting file
Organise the application evidence so names, values, dates and explanations agree across the documents.
A useful AIT file makes the source, flow and tax treatment of the funds understandable.
The document list changes with the transaction. The control objective is consistency, traceability and a clear response trail.
Illustrative AIT readiness file
Taxpayer profile
Registrations, recent returns, compliance position, particulars and relevant correspondence.
Transfer map
Applicant, entities, accounts, destination, purpose and intended flow of funds.
Source-of-funds schedule
Amounts linked to earnings, distributions, sales, loans, investments or other documented sources.
Financial support
Financial statements, management records, tax computations and reconciliations relevant to the source.
Transaction evidence
Contracts, resolutions, sale agreements, distribution records, valuations or other available support.
Response tracker
Questions received, evidence supplied, open items, ownership and response dates.
AIT support works best as a controlled assess, reconcile and respond process.
Starting with readiness reduces avoidable rework and makes later questions easier to answer from one organised file.
Assess
Review the taxpayer profile, transfer objective, available records and likely information gaps.
Map
Identify the parties, source of funds, transaction flow and supporting documents required for the agreed scope.
Reconcile
Tie amounts and explanations back to tax returns, financial statements, bank records and transaction evidence.
Prepare
Compile the application information and supporting file in a clear, consistent sequence.
Submit
Complete the agreed application or supporting process through the appropriate channel.
Respond
Track requests for further information and prepare evidence-based responses within the agreed scope.
AIT delays often begin with evidence and tax-profile issues that were visible before submission.
The first review should surface these gaps early enough to decide whether the application can proceed or requires separate remediation.
Unclear source of funds
The funds exist, but the records do not clearly show how they were earned, received, distributed or realised.
Inconsistent documents
Tax returns, financial statements, contracts and bank records use different figures, dates or explanations.
Tax-profile issues
Outstanding returns, debt, incorrect registrations or outdated particulars create a separate compliance problem.
Late evidence gathering
Supporting records are requested only after the application starts, causing avoidable delay and rework.
Unmapped transaction flow
The relationship between the applicant, entity, bank accounts and destination is not explained clearly.
Unmanaged follow-up
Requests from SARS, the bank or an authorised dealer are not tracked and answered as one controlled file.
A credible application depends on clear roles and complete disclosure.
Client responsibility
Provide complete and truthful information, approve submissions, maintain access, fund transfers and respond promptly to document requests.
External specialist role
Exchange-control opinions, legal structuring, investment advice, valuations and complex cross-border matters may require authorised dealers, attorneys or other specialists.
AIT readiness is strongest when the supporting tax and accounting records are dependable.
The application file may depend on work completed elsewhere in the accounting and compliance system.
Tax Compliance
Identify profile, return, debt or registration issues that may affect readiness.
Annual Financial Statements
Support the reported financial position and source of funds with credible year-end records.
Accounting & Bookkeeping
Build traceable transaction records, reconciliations and supporting schedules.
Virtual CFO
Frame cash-flow, funding and transaction decisions before commitments are made.
What applicants usually want to know about AIT support.
What is AIT clearance used for?
An Approval International Transfer application may be relevant where a taxpayer needs SARS approval connected to certain international transfers. The correct route depends on the applicant, transfer purpose, tax profile and the requirements of the bank or authorised dealer.
Does LBA guarantee that SARS will approve the application?
No. Approval and processing remain subject to SARS, the facts of the application, the taxpayer's compliance position and the quality of the supporting evidence.
What information is normally needed for an AIT review?
The first review may consider the taxpayer profile, transfer purpose, source of funds, tax returns, financial statements, bank records, contracts, disposal or distribution documents and any correspondence already received.
Can LBA help when the tax profile is not compliant?
LBA can identify the tax-compliance gaps and agree a separate remediation scope where appropriate. Resolving the profile may depend on outstanding returns, debt, registrations, SARS processing and client cooperation.
How long does an AIT application take?
There is no fixed timeline that LBA can guarantee. Timing depends on readiness, the complexity of the transfer, the completeness of the evidence and any further-information requests from SARS or other parties.
Does AIT support include exchange-control or investment advice?
Not as a standard accounting engagement. Exchange-control interpretation, investment selection, legal structuring and regulated financial advice may require appropriately authorised specialists.
Can LBA respond to further-information requests?
Yes, response management can form part of the agreed scope. The response must be based on available records and may require additional information or specialist input depending on the request.
Find out whether your tax profile and evidence file are ready for an AIT application.
The first review considers the applicant, transfer purpose, taxpayer profile, source of funds, available financial records, bank documentation, transaction evidence and any existing requests or correspondence.