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How do I complete an IT14SD?

23 February 2015   (0 Comments)
Posted by: Author: SAIT Technical
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Author: SAIT Technical

Q: I need some help with submitting an IT14SD. I am not sure how to complete the VAT reconciliation schedule.

For example:

Total output VAT as per VAT201 tax periods (field 13)

My periods for VAT are Feb/Mar, Apr/May and so on, so what figure do I put in?

A: Please see the SARS guide on the link below.  It will show you how to complete an IT14SD.

http://www.sars.gov.za/AllDocs/OpsDocs/Guides/IT-GEN-03-G01%20-%20How%20to%20complete%20the%20IT14SD%20Supplementary%20Declaration%20Form%20-%20External%20Guide.pdf

Disclaimer: Nothing in this query and answer should be construed as constituting tax advice or a tax opinion. An expert should be consulted for advice based on the facts and circumstances of each transaction/case. Even though great care has been taken to ensure the accuracy of the answer, SAIT do not accept any responsibility for consequences of decisions taken based on this query and answer. It remains your own responsibility to consult the relevant primary resources when taking a decision.


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