FAQ: In which format must the information be prepared for capturing of the ITR14 in the branch?
The information required for capturing of an ITR14 in a SARS branch does not need to be prepared in a specific format/template. The only pre-requisite is that the data is prepared in accordance to the requirements specified in the External Guide – IT-GEN-04-G01 – How to complete the Income Tax Return ITR14 for Companies – […]
FAQ: Will SARS assist with the interpretation of financial statements?
No. The SARS agent will not assist with the interpretation of the financial statements and will only capture the information completed by the Company representative/Public Officer.
FAQ: What will the impact be of changing answers to questions on the first page of the ITR14?
All questions on the first page of the ITR14 are mandatory and must be completed before commencing with completion of the return. Depending on the answer provided to each question, subsequent questions will display which will customise the return to company type. Note: If any of the answers to questions on the first page are […]
FAQ: How will the ITR14 be customised?
The new ITR14 flex form will be customised per company type: Dormant company Share Block Company Body Corporate Micro business Small business Medium to Large business
FAQ: Will SARS be populating the information for my Company?
Only limited demographic information will be pre-populated on the ITR14: Registered Name Trading Name Company Registration Number Financial Year End
FAQ: What is the Company representative/Public Officer required to submit for change of Public Officer details?
For change of Public Officer details, the following relevant materials are required: Original identity document/passport/driving licence or a temporary identity document/passport/driving licence of the public officer or representative taxpayer. Where a certified copy is not available, any SARS official who is an authorised Commissioner of Oaths must certify the relevant copy. Letter of appointment authorising […]
FAQ: What is the Company representative/Public Officer required to submit as relevant material for change of banking details?
The following relevant material is required for change of banking details for a Company: Memorandum of Incorporation in the case of a Company or Close Corporation, or a Trust deed together with the minutes of a meeting specifying who is authorised to act on behalf of a Trust in the case of a Trust; Original […]
FAQ: Where can the company representative/Public officer obtain the Legal Entity Registration Form?
The form is only available on eFiling and at a SARS Branch. The form is not available for download.
FAQ: Can the Company representative/Public officer verify and update the legal entity details via the ITR14 return?
No, the Company representative/Public Officer cannot verify and update the legal entity details via the ITR14 return.
FAQ: How will the Company be assisted with the completion of the ITR14?
An ITR14 completion guide is here on the SARS website. All Companies are advised to carefully view this guide in order to ensure the following. All mandatory fields on the ITR14 provided for are completed; The ITR14 return validation rules have been adhered to; and All required relevant material is submitted with the ITR14.
