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Company
Income Tax Return for Companies (Income Tax Act, No. 58 of 1962, as amended)
ITR14
Current year pulls automatically from IS & BS. Prior year comes from the imported ITR14 PDF — every figure stays editable.
Description
2026 (current)
2025 (prior)
Company / Close Corporation Information
Have the banking, public officer and contact details of the company been verified and confirmed as correct?
Does the company confirm that the person appointed as public officer complies with section 246 of the Tax Administration Act, 2011?
Dormant
Is the company dormant?
Did the company cease trading during this tax period?
Company Type
Is the company a non-profit company?
Is the company a body corporate established in terms of the Sectional Titles Act?
Is the company a share block company as referred to in s10(1)(e)?
Specify the gross income (sales / turnover plus other income) in respect of the year of assessmentfrom IS & BS
Specify the total assets (current and non-current) of the company in respect of the year of assessmentfrom IS & BS
Return Type
Did the company have any transactions or events which resulted in a locally sourced capital gain or loss (including crypto assets)?
Did the company have any transactions or events which resulted in a foreign sourced capital gain or loss (including crypto assets)?
Has any debt been reduced for no consideration under paragraph 12A(4) of the Eighth Schedule?
Does any declaration in this return relate to an application made under the SARS Voluntary Disclosure Programme?
Is the company a Small Business Corporation as defined in s12E?
Is the company a qualifying company as defined in s12R?
Does the company want to claim a deduction i.t.o s7F i.r.o. SARS interest repaid previously taxed i.t.o. s7E?
Does the company want to claim donations made to an approved organisation in terms of s18A?
Will the company be claiming any PAYE credits reflected on an IRP5 tax certificate?
Will the company be claiming any Foreign Tax credits in terms of s6quat(1A) and/or a treaty?
Were any foreign tax credits refunded / discharged during the year of assessment for which a rebate was previously allowed?
Will the company be claiming a deduction on SA sourced trading income i.t.o. s6quat(1C)?
Is the company a partner in a partnership / joint venture?
Is the company a Personal Service Provider as defined in the Fourth Schedule?
Is the company listed on a recognised stock exchange?
Is the company resident in South Africa for income tax purposes?
Does the company have members?
How many different classes of shares have been issued by the company?
Did the company cease to be a resident during this year of assessment?
Did the company have any transactions (including mining activities) relating to crypto assets (excluding CGT)?
How many beneficial owners does the company have?
Did the company qualify for an Urban Development Zone deduction (s13quat)?
Did the company enter into any reportable arrangement in terms of s34 - s39 of the Tax Administration Act or s80M - s80T?
Were any dividends declared during the year of assessment?
Is the company part of a group of companies that prepares consolidated financial statements?
Is the company a member of a Multinational Entity (MNE) group as defined in the CbC Regulations?
Is the company registered / licensed for Customs purposes?
Company / Close Corporation Particulars
Taxpayer Reference Number
Year of Assessment
Registered Name
Trading Name
Company / CC Reg No.
Financial Year End (CCYYMMDD)
Is this return in respect of a branch / permanent establishment / agency of a foreign company?
Province where the majority of taxable income / loss is derived
Standard Industry Code (SIC) of the main activity
Profit code of the main source of income
Description (if profit code is 'other not specified')
Tax Practitioner Registration No.
Tax Practitioner Tel No.
Tax Practitioner Email address
Declaration Date (CCYYMMDD)
Non-Residency & Additional Assessment Information
Is the company resident outside South Africa due to foreign incorporation (and not being effectively managed in SA)?
Is the company resident outside South Africa by virtue of a treaty to avoid double taxation?
Does the company consent that SARS can provide the attached financial statements to the CIPC?
Have the financial statements been audited?
Have the financial statements been reviewed?
Did the company generate a capital / revenue gain or loss on the early termination of a foreign instrument?
Did the company receive a return of capital or a foreign return of capital subject to paragraph 76B?
Did the company prematurely terminate / unwind a hedge position where the tax value differs from the economic value?
Did the company enter into any sale and leaseback agreement?
Balance Sheet — Non-Current Assets
Fixed / tangible assets (net of accumulated depreciation)from IS & BS
Intangible assets / goodwillfrom IS & BS
Investments and long-term loansfrom IS & BS
Other non-current assets
Total non-current assetsfrom IS & BS
Balance Sheet — Current Assets
Inventory and work in progress (net after provisions)from IS & BS
Trade and other receivables - net after provisionsfrom IS & BS
Debtors (excl. trade debtors)
Cash and cash equivalentsfrom IS & BS
Short-term investments
Other current assets
Total current assetsfrom IS & BS
Balance Sheet — Capital and Reserves
Share capital / members' contributionsfrom IS & BS
Retained income / (accumulated loss)from IS & BS
Other capital and reserves
Total Capital and Reservesfrom IS & BS
Balance Sheet — Liabilities
Long-term loansfrom IS & BS
Instalment sale liabilities / other non-current liabilitiesfrom IS & BS
Total Non-Current liabilitiesfrom IS & BS
Trade and other payables (including accruals)from IS & BS
Overdraft and interest bearing short-term borrowings
Other current liabilities (taxation / VAT)from IS & BS
Total current liabilitiesfrom IS & BS
Total equity and liabilitiesfrom IS & BS
Income Statement — Gross Profit / Loss
Sales / turnoverfrom IS & BS
Opening stockfrom IS & BS
Purchases / cost of salesfrom IS & BS
Closing stockfrom IS & BS
Cost of salesfrom IS & BS
Gross profit / (loss) - subtotalfrom IS & BS
Income Statement — Income Items (credit amounts)
Accounting profit on disposal of fixed and / or other assetsfrom IS & BS
Bad and doubtful debts recoveredfrom IS & BS
Dividends received
Government grants (national, provincial and local)
Insurance proceeds received
Interest (excluding SARS interest (s7E))from IS & BS
SARS Interest (s7E)
Other incomefrom IS & BS
Control Total — income itemsfrom IS & BS
Income Statement — Expense Items (debit amounts)
Accounting loss on disposal of fixed assets / other assets
Admin., management, secretarial fees, rentalsfrom IS & BS
Alterations and improvements
Bad debts written offfrom IS & BS
Consulting, legal and professional feesfrom IS & BS
Depreciationfrom IS & BS
Directors' / members' remunerationfrom IS & BS
Donations (s18A)
Donations – otherfrom IS & BS
Interest paidfrom IS & BS
Provision for doubtful debts
Repairs and maintenancefrom IS & BS
Salaries and wagesfrom IS & BS
Insurancefrom IS & BS
Other expensesfrom IS & BS
Control Total — expense itemsfrom IS & BS
Net Profit / Loss
Net profit / (loss) - subtotalfrom IS & BS
Tax Computation
Debit adjustments (decrease net profit / increase net loss)
Non-taxable amounts credited to the income statementfrom IS & BS
Allowance for future expenditure (s24C)
Credit adjustments (increase net profit / decrease net loss)
Non-deductible amounts debited to the income statementfrom IS & BS
Allowances / deductions granted in previous years and now reversed
Amounts not credited to the income statement
Recoupment of allowances / expenses previously granted
Assessed loss brought forwardfrom IS & BS
Calculated profit / taxable income excluding net income from CFCfrom IS & BS
Check
Total assets less total equity and liabilities (should be nil)
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