Corporate Income Tax (CIT) guide and frequently asked questions

(Media Release: Issued and provided by the South African Revenue Service)

To simplify the completion of the Income Tax Return for Companies (ITR14), an external guide pertaining to the information required when completing the ITR14 has been updated to provide additional clarity.

This guide is designed to assist with the completion of the ITR14 return as accurately and honestly as possible.

The guide also aids in the classification of companies in order to customise the contents of the ITR14 return. The company must ensure that the correct classification is determined upfront.

For further information on the ITR14 return visit www.sars.gov.za, call the SARS Contact Centre on 0800 00 7277.

View the full guide here.