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.
FAQ: Will the Company representative/Public Officer be able to perform a Request for Correction (RFC) on an IT14 submitted in the old outdated format?
Yes. However, only the following minimal information will be pre-populated and the Company will have to re-complete all fields on the new ITR14: Registered Name Trading Name Company Registration Number Financial Year End
FAQ: Will Annual Financial Statements and ITR14 schedules still be required when performing a request for correction on an ITR14 return?
The Annual Financial Statements and ITR14 schedules are optional.
FAQ: Can the Notice of Assessment and Verification Letters be emailed to the Company representative/Public Officer by a SARS Branch Agent?
Yes, if the ITR14 has been successfully submitted and processed in the branch, the Branch agent will provide the Company representative/Public Officer with the option to have the Notice of Assessment and Verification letter (only applicable where SARS identified the ITR14 for verification) emailed instead of posted. This is part of SARS go green initiative […]
FAQ: Will the Company receive the assessment results immediately after submitting the ITR14?
The processing of the ITR14 will be real time on successful submission of the ITR14. On eFiling and in the branch, a message will be displayed after an ITR14 is sent for processing which will indicate whether the Notice of Assessment (ITA34) was received or not. If the ITA34 was not received, the message will […]
FAQ: What must the Company representative/Public Officer do if the ITR14 is not successfully submitted in the branch?
If the ITR14 cannot be successfully submitted in the branch, the SARS agent will inform the Company representative/Public Officer of the mandatory fields that are outstanding or any error messages displayed on capturing of the ITR14. The SARS agent will also refer the Company representative/Public Officer to the IT-GEN-04-G01 – How to complete the Income […]
FAQ: How will the ITR14 be signed?
On eFiling, the log-on of the Company representative or Public Officer will serve as the authentication/sign off for the ITR14. For branch submissions, the Company representative/Public Officer must sign the electronically completed ITR14 using the signature pad. If the signature pad is not working, the electronically completed ITR14 will be printed by the SARS agent […]
FAQ: What relevant material is the Company required to submit with the ITR14 return?
For first time submission of the ITR14, signed off supporting annual financial statements (AFS) are compulsory for submission if the Company is classified as a Small Business or Medium to Large Business. The AFS must as a minimum contain the following: Income Statement; Balance Sheet; Tax Computation; and Notes to the AFS. For all other […]
FAQ: Will SARS accept any posted relevant material related to the ITR14?
SARS will not process or respond to any relevant material (supporting annual financial statements or ITR14 schedules) received via postal submission.
FAQ: Will SARS grant an extension for the submission of an ITR14 return?
No, SARS will not be granting extensions for the submission of ITR14 returns.
