Resolution to the confusion regarding the discontinuation of the Company Income Tax IT14SDs

There has been some confusion that exists on how taxpayers should treat outstanding IT14SDs issued but not submitted. SARS informally communicated:

• If the IT14SD has already been submitted, the verification will be dealt with using the IT14SD. If a letter is received for the submission of relevant documents, or additional relevant documents, those documents also need to be submitted.
• If the IT14SD has not been submitted yet, a letter will be issued requesting the submission of specific relevant documents, and the requirement to submit the IT14SD will fall away.