ITR14 Challenges: Practical Solutions for Corporate Tax Issues
Duration: 2 hours
Price: R195.00
ITR14 Challenges: Practical Solutions for Corporate Tax Issues
Presenters : Carmen Westermeyer , Mandy Graaf
Overview
Corporate income tax compliance continues to evolve, and the IT14 return undergoes important updates that affect how companies prepare and submit their annual returns. As the South African Revenue Service (SARS) increases its focus on high-risk areas and data integrity, practitioners need to stay informed on recent changes, common errors, and updated compliance requirements.
This video provides a practical walk-through of the latest developments, helping viewers navigate the updated IT14 return and improve submission accuracy.
Video Content
This video covers:
- An overview of the IT14 return and SARS' corporate tax compliance priorities
- Key SARS hotspots for 2026, including:
- Related-party disclosures
- Assessed losses and balance-sheet integrity
- Provisional tax alignment
- Foreign income and CFC reporting
- Beneficial ownership and supporting schedules
- What is new in the updated IT14 form:
- New fields and mandatory disclosures
- Additional supporting documentation requirements
- Alignment with BEPS, transfer pricing, and anti-avoidance focus areas
- A practical walk-through of completing the updated form on eFiling
- Troubleshooting common submission challenges:
- Validation errors
- Data mismatches between the IT14 return, supporting schedules, and financial statements
- Reducing rejections and SARS review queries
- Best practices for preparing accurate, compliant submissions
Competency Development
By watching this video, participants will be able to:
- Understand SARS compliance hotspots affecting IT14 submissions
- Identify and interpret recent changes to the IT14 return and disclosure requirements
- Apply updated reporting requirements when preparing corporate income tax returns
- Troubleshoot common filing errors and submission mismatches on eFiling
- Improve the accuracy and compliance quality of IT14 submissions
- Strengthen practical knowledge of corporate income tax reporting and regulatory compliance with SARS requirements