Webinar Training Course

The IT14SD: Ensuring that the numbers add up

Price: Firm/Group/Company - R1207.50 (VAT Incl.)
Individuals - R402.50 (VAT Incl.)
Price (MLU Subscriber): Firm/Group/Company - R905.63 (VAT Incl.)
Individuals - R301.88 (VAT Incl.)
SAIT Members: Access your member discount with us by consulting the member instructions here BEFORE making a booking Here. Should you be unsure as to whether you have updated your profile correctly, please contact us BEFORE making a booking. NO MANUAL DISCOUNTS OR CREDITS WILL BE ISSUED.
Presenter: Ms. Corlia Faurie
Date: 27 Jun '22
Times: 09h00-10h30
Duration: 1.5
CPD Hours: Attending the course and successfully completing the post-assessment, will grant you 1.5 hour/s verifiable CPD, recognised by the various professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the CPD certificate will only be issued once the post-assessment has been completed.
Platform: Web Based (Online)
Contact Person: Corlia
T:  011 886 1395
E:  gillian@probetatraining.co.za
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It is common knowledge that the financial statements and the tax return will not be mirror images of each other. One way in which SARS can identify and address discrepancies and differences is the IT14SD. Having to complete this reconciliation is not necessarily an indicator that the taxpayer is in the wrong, however it is important to both the taxpayer and SARS to ensure that taxes have been filed accurately. This course aims to assist taxpayers to navigate and complete the IT14SD reconciliation.

This session will cover the following: • What is the IT14SD and when or why will a taxpayer be required to complete it? • What are the consequences of failing to submit an IT14SD? • What documents would the taxpayer need to be able to complete the reconciliation? • Are the specific supporting documents to submit along with the reconciliation? • How to complete the IT14SD reconciliation for each of the taxes (Income tax, VAT and PAYE) • Practical issues with completing the reconciliation

All taxpayers, tax and accounting professionals that may be charged with the responsibility of completing the IT14SD reconciliation.