Completion of the share register is mandatory for all companies, including CISs registered as such with SARS. The general rule applicable to all companies is that the details of all the holders of a beneficial interest in the shares of 5% or more as at the end of the year of assessment should be submitted. In the case of a CIS where no one holds 5% or more, no disclosure is required. However, the ITR14 incorrectly requires at least one entry to be made irrespective of whether or not there is a beneficial interest holding of 5% or more. This error will be fixed soon. In the meantime, kindly insert a “1” in the relevant field, and then complete the demographic and other details of (any) one of the holders of a beneficial interest in the shares.