Long-term Insurance

Income Tax

Long-term insurers are taxed according to section 29A and 29B of the Income Tax Act, No. 58 of 1962, as amended.

Due to the five funds approach, long-term insurers cannot submit their income tax returns on eFiling.

The ITR14L (Income Tax Return for Long-term Insurers) form is now available for online completion.   In order to support the figures on Forms 1 to 7 of the ITR14L, kindly download and complete Forms 1 to 7 in Excel format here.