What is a SARS IT14SD?
What is a SARS IT14SD?
The IT14SD is a supplementary declaration in which a company must reconcile. Income Tax, Value-Added Tax (VAT), Pay-As-You-Earn (PAYE) and Customs declarations after the initial submission of the Income Tax Return for Companies(IT14/ITR14) for the applicable financial year end as specified in the verification letter.
How do I get IT14SD?
Electronically via eFiling (where the Company is registered as an eFiler). If the Company is not registered as an eFiler, the Company representative/Public Officer can visit the nearest SARS branch to obtain a printed copy of the IT14SD.
What is the purpose of IT14SD?
An IT14SD is a supplementary declaration in which Companies must reconcile Income Tax, Value-Added Tax (VAT), Employees’ Tax (PAYE) and Customs declarations after the initial submission of the Income Tax Return: Company Income Tax Return (ITR14/IT14).
How do I submit my ITR14 on eFiling?
You can complete the ITR14 via eFiling. Taxpayers who have not yet registered for eFiling are encouraged to visit www.sarsefiling.co.za to register as this will enable them to obtain, complete and submit the ITR14 online in a secure environment 24 hours a day.
What is a ITR14 form?
An ITR14 or Income Tax Return is a form that SARS requires all companies registered with CIPC to complete and submit to SARS once every year.
When can I submit my 2021 tax return?
Even though taxes for most taxpayers are due by April 15, 2021, you can e-file (electronically file) your taxes earlier. The IRS likely will begin accepting electronic returns anywhere between Jan. 15 and Feb. 1, 2021, when taxpayers should have received their last paychecks of the 2020 fiscal year.
When can I submit 2021 it14?
16 July 2021
16 July 2021 – Companies can file their ITR14 tax returns A company must submit its ITR14 tax return within 12 months of its financial year-end. For more information, see the Guide on How to complete the Income Tax Return ITR14 for Companies.
What is a qualifying company s12r?
In terms of section 12R(1) a qualifying company is defined as a company carrying on business from a fixed place of business situated within a special economic zone that is designated as such by the Minister of Trade, Industry and Competition and approved by the Minister of Finance in consultation with the Minister of …
Can I file my 2020 tax return now?
File a 2020 tax return electronically as soon as possible to give the IRS time to process and issue the payments before the end of 2021.
Can I do my 2021 taxes now?
