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Income tax verification: Assessed losses

Income tax verification: Assessed losses

by Pieter van der Zwan | Mar 24, 2023 | Corporate and business tax

LinkedIn Facebook Twitter Gmail SARS did away with the IT14 supplementary declaration for companies (IT14SD) in September 2022. It replaced that declaration with a letter that requests supporting documents based on the reason for the verification. This article...
Revised rules for utilising tax losses carried forward

Revised rules for utilising tax losses carried forward

by Pieter van der Zwan | Mar 17, 2022 | Corporate and business tax

The reduction in the corporate tax rate to 27% triggers the effective dates for two sets of amendments made during 2021. One of these amendments relate to the utilisation of assessed losses carried forward by companies. This article provides a brief overview of the...

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