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All news by: Dau-Ming Ho

SARS Decommissions the IT14SD Supplementary Declaration

In October 2011, the Supplementary Declaration (IT14SD) form was introduced by the South African Revenue Service (“SARS”) as a method to increase the analysis of company’s income tax, Value-Added tax (“VAT”), Pay-As-You-Earn (“PAYE”) and Customs information to ensure that they receive what they are legally due. Dau-Ming Ho elaborates further.