Corporate Income Tax (Active Companies)

Companies must declare their income annually by submitting a Company Income Tax Return (ITR14) once their registration has been finalised.

The company has 12 months to submit the ITR14 after the financial year-end. The financial year end is indicated
on the company registration certificate from CIPC.

The declaration must be accurate, stating all income and expenses so that over or under tax assessment is avoided. For the assessment year ending on, or after 31 March 2023, the rate of Corporate Income Tax is 27% (previously 28%).

Our services:

• Setting up the declaration on your behalf  stating all income and expenses.
• Completing and submitting the Company Income Tax return (ITR14) at SARS
• Ensuring timely submission of the annual CIT before the specified due date.