What is ITR14?
The annual income tax return for companies and close corporations, due within 12 months after the financial year-end.
Every company registered for income tax must file an ITR14 for each year of assessment, whether it traded, made a loss or was dormant. The return draws on the company's annual financial statements.
Companies pay tax at 27% on taxable income, while qualifying small business corporations pay lower graduated rates. A company with a February year-end must file by the end of the following February.
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ITR14 company tax return