FAQ: Can the Company Representative/Public Officer request to update the company’s banking details?
Yes,the Company Representative/Public Officer can request a change for the following bank details: Account number; Branch number: Account type: Branch name Account Holder Name (Account name as registered at bank).
FAQ: Can the ITR14 form be submitted if the Company Representative/Public Officer has confirmed that the demographic information has not been verified?
No, the applicable information must first be updated at the SARS branch or on eFiling.
FAQ: Does the RAV01 form pre-populate the company’s information?
Yes, the company’s information is pre-populated on the RAV01 form.
FAQ: Which legal entity information of the company can be updated by the Company Representative/Public Officer?
The company’s demographic information that can be updated by the Company Representative/Public Officer includes the following: Physical address; Postal address; Banking details; and Representative taxpayer’s details.
FAQ: What is a RAV01 form?
The RAV01 is an online form that is used to perform the legal entity information changes at the SARS branch or on eFiling.
FAQ: Where can the Company obtain feedback regarding the progress of the ITR14 submission?
For information regarding the progress of a SARS verification, the channels specified below are available: For registered eFilers, view the status message under “eFiling Status” on the Income Tax Work Page; Call the SARS Contact Centre on 0800 00 7277; or Visit the nearest SARS branch
FAQ: Will a Company be able to submit a previous version of ITR14 after a request for correction (RFC) has been submitted?
No. Once a request for correction has been submitted on an ITR14 for the relevant year of assessment no action can be taken on the previous version, as it will be replaced by the new version.
FAQ: What must the Company representative/Public Officer do when a Request for Correction (RFC) is disallowed, but the Company is still dissatisfied with the assessment?
If a Request for Correction (RFC) for the relevant year of assessment is disallowed by SARS, the Company can submit an objection.
FAQ: Under which conditions will an ITR14 Request for Correction be disallowed by SARS?
A Request for Correction on an ITR14 will not be allowed by SARS under the following conditions for the relevant year of assessment: An active verification is in progress for the Company and one allowable Request for Correction (RFC) or the supplementary declaration already submitted by the Company; or An active audit case in progress […]
FAQ: Will any data be pre-populated on a Request for Correction on the new ITR14?
Yes, if the ITR14 was completed in the new format, all the data that was completed on the first submission will be pre-populated on the revised declaration.