South Africa Corporate Income Tax Return (ITR14) — Medium to Large Business pathway

The company's classification, determined by the ITR14's 'Information to create this income tax return' wizard. This determines which Annexure (A-E) the return generates. This document models Annexure E (Medium to Large Business): a company not classified as a body corporate/share block company, micro business, or small business — i.e. gross income (sales/turnover plus other income) exceeding R20 million (R14 million for a financial year end prior to 20130430) and/or total assets (current and non-current) exceeding R10 million.

If 'No', the ITR14 return cannot be requested; the legal entity information must first be updated via 'Maintain SARS Registered Details' on eFiling.

Displayed once detailsVerifiedAndConfirmed is ‘Yes’. Applicable from the 2024 year of assessment onwards.

Answering 'No' leads directly to the non-dormant Company Type questions. Answering 'Yes' leads to becameDormantDuringYear: if that is answered 'Yes', the company is still NOT regarded as dormant (it was trading for part of the year) and the Company Type questions display, matching this document's Medium to Large Business scope (subject to the gross income/total assets thresholds); if 'No', the company remains classified Dormant — out of scope for this document (see za/sars/corporate-income-tax-return-itr14-dormant).

Only displayed if isCompanyDormant is 'Yes'. A 'Yes' answer here is the branch this document models (the company will not be regarded as a Dormant Company and Company Type will display); a 'No' answer instead displays the 'Specify the movement in assets, liabilities and/or reserves' question and keeps the company classified as Dormant — out of scope for this document.

Displayed for all years of assessment once the company is not dormant (isCompanyDormant answered 'No').

Applicable from the 2025 year of assessment onwards.

Applicable from the 2025 year of assessment onwards.

Called 'Is the company a non-profit company?' for the 2024 year of assessment and prior.

Re-asked verbatim within the Donations (S18A) wizard section to gate which Donations-allowable container the return displays (see wantsS18aDonationsDeduction).

A ‘Yes’ here classifies the company under Annexure B (Body Corporate/Share Block), out of scope for this document — see za/sars/corporate-income-tax-return-itr14-body-corporate. From the 2025 year of assessment, a ‘Yes’ answer also displays a Deeds Office registration confirmation and registration number, both inside the excluded branch and therefore not modelled here.

A ‘Yes’ here classifies the company under Annexure B (Body Corporate/Share Block), out of scope for this document.

Only displayed if the company is an association of persons, a co-operative, or a non-profit company. If 'Yes', the Share/Membership Register container displays (out of scope for this document — see VERIFICATION.md).

Calculated as the sum of ‘Sales/Turnover’ declared under Gross Profit/Loss and all income items declared under Income Items in the Income Statement. If this exceeds R20 million (financial year end on or after 20130430) or R14 million (prior), and/or total assets exceed R10 million, the company is classified Medium to Large Business — the scope of this document. If both thresholds are not met, the company is instead classified Small Business (see za/sars/corporate-income-tax-return-itr14-small-business).

If this exceeds R10 million (in conjunction with the gross income test), the company is classified Medium to Large Business.

If ‘Yes’, the Schedule of Local Capital Gains and Losses in respect of the disposal of assets displays — a repeating table out of scope for this document (see VERIFICATION.md).

If ‘Yes’, the Schedule of Foreign Capital Gains and Losses in respect of the disposal of assets displays — a repeating table out of scope for this document (see VERIFICATION.md).

Has any debt been reduced for no consideration which has the effect of reducing the company’s assessed capital loss under paragraph 12A(4) of the Eighth Schedule?

Was the reduction for a local asset?

Was the reduction for a foreign asset?

Source code 4254. Programmatically reduces the Local Assessed Capital Loss Carry Over, limited to the amount available.

Source code 4255.

Does any declaration in this return relate to an application made under the SARS Voluntary Disclosure Programme?

Alphanumeric; the first three characters must be 'VDP'. No spaces or dashes. Must be for an approved VDP agreement between SARS and the company.

If ‘Yes’, the Special Economic Zones (SEZ) section displays for completion, including which SEZ(s) the company is located in and a series of mandatory qualification-confirmation questions — out of scope for this document (see VERIFICATION.md). Introduced from the 2017 year of assessment onwards.

Does the company want to claim a deduction i.t.o. section 7F in respect of SARS interest repaid that was previously taxed i.t.o. section 7E?

Source code 4052.

Does the company want to claim donations made to an approved organisation in terms of section 18A?

The per-organisation name/PBO-number/amount detail (up to the top 20 by monetary value) is out of scope for this document — see VERIFICATION.md.

Source code 4011. Subject to a 10% of taxable income limit under section 18A.

Average value of the aggregate of all participatory interests held by investors in the portfolio (R)

For ITR14 returns from the 2019 form year onwards, PAYE credits cannot be manually captured — only pre-populated IRP5 information is accepted; additional IRP5 certificates require submission at a SARS branch.

SARS pre-populates this count. The per-certificate PAYE Credits Available container (non-taxable income, gross employment income, certificate number, PAYE credit) is out of scope for this document — see VERIFICATION.md.

If ‘Yes’, the Foreign Tax Credits: Taxable Foreign Sourced Income of Resident Companies — section 6quat(1A) computation container displays — out of scope for this document (see VERIFICATION.md).

Were any foreign tax credits refunded/discharged during the year of assessment for which a rebate was allowed during a previous year of assessment in terms of section 6quin?

Portion of the amount refunded/discharged that was previously allowed by SARS as a rebate (R)

Source code 4249.

Applicable from the 2019 year of assessment onwards.

Source code 4053.

Did the company have a right of recovery (other than a right of recovery i.t.o. a mutual agreement procedure, or any entitlement to carry back losses arising during any previous year of assessment)?

Was the foreign tax amount refunded to the company during this year of assessment?

This income must have been declared elsewhere in the return; the related deduction/carry-over is calculated by SARS. Applicable from the 2019 year of assessment onwards.

Is the company a partner in a partnership/joint venture?

The repeating Partnership/Joint Ventures container (Partnership Name, profit/loss sharing %, profit-or-loss indicator, local-or-foreign indicator, one section per partnership) is out of scope for this document — see VERIFICATION.md.

If ‘Yes’, the Personal Service Provider section displays — a decision-tree questionnaire out of scope for this document (see VERIFICATION.md). Section 23(k) prohibits a Personal Service Provider from deducting certain listed expenses.

Is the company listed on a recognised stock exchange as referred to in paragraph 1 of the Eighth Schedule?

Is the company resident in South Africa for income tax purposes?

Introduced from the 2013 year of assessment onwards. A ‘Yes’ answer here (in addition to isResidentInSouthAfrica being ‘No’) displays the Non-Residency section, and requires dateCeasedToBeResident to be completed.

Accepts numeric values between 1 and 99. Based on the value entered, the Contributed Tax Capital and Share/Membership Register containers repeatedly display for completion — both out of scope for this document (see VERIFICATION.md) — unless isResidentInSouthAfrica is ‘No’, in which case only the Share/Membership Register displays (foreign companies are not expected to complete the Contributed Tax Capital container). Re-asked at §15.1.10(c) (when isListedOnRecognisedStockExchange is ‘Yes’) and §15.1.10(d)(i)(A) (when isResidentInSouthAfrica is ‘Yes’) — modelled here as the single underlying field. Limited to 3 Classes of Shares containers displaying on the return regardless of the value entered.

Applicable from the 2019 year of assessment onwards.

Zero (0) is allowed where no natural person ultimately owns or exercises effective control over the company. If greater than zero, the Details of Beneficial Owner(s) container displays, repeated per owner — out of scope for this document (see VERIFICATION.md). Applicable from the 2024 year of assessment onwards.

If ‘Yes’, the Urban Development Zone (s13quat) section displays for completion. For companies with a financial year end of 04 to 12, not displayed from the 2026 tax year onwards.

Did the company enter into any reportable arrangement in terms of s34-39 of the Tax Administration Act or s80M-s80T?

Accepts numeric values between 1 and 100. The per-arrangement ‘Specify the reportable arrangement number’ repeating field is out of scope for this document — see VERIFICATION.md.

If ‘Yes’, the Dividends Declared section displays for completion.

If ‘Yes’, the Company Structure section (including the Subsidiary Details sub-container) displays for completion. Introduced from the 2017 year of assessment onwards.

If ‘Yes’, the Multinational Entity (MNE) group details section displays for completion.

If ‘Yes’, the Headquarter Company section displays for completion and the RCH01 schedule must be attached as a supporting document.

If ‘Yes’, the International section displays for completion (§15.2.5), together with Foreign Exchange Gains/Losses, Foreign Dividends, Capital Gains, SA Withholding Tax, Controlled Foreign Company, and Double Taxation sections.

For years of assessment commencing on or after 1 April 2012 (refer to guide for years of assessment prior to 1 April 2012), did the company enter into any transaction, operation, scheme, agreement or understanding as set out in s31(1)(a) (“affected transaction”)?

If ‘Yes’, the Transfer Pricing Received/Receivable section and the Transfer Pricing Supporting Information container display — both out of scope for this document, being unbounded per-jurisdiction repeating matrices (see VERIFICATION.md).

If ‘Yes’, the Transfer Pricing Paid/Payable section displays — out of scope for this document, being an unbounded per-jurisdiction repeating matrix (see VERIFICATION.md).

Applicable from the 2023 year of assessment onwards. If ‘Yes’, the Penalties container displays for completion.

Is the company registered/licensed for customs purposes?

Number of customs client codes allocated to this company

Personal identifier; handle as sensitive data. The company's SARS income tax reference number. Pre-populated (read-only) in the Company/Close Corporation Particulars container.

Pre-populated (read-only) in the Company/Close Corporation Particulars container.

Pre-populated (read-only) in the Company/Close Corporation Particulars container.

Pre-populated (read-only) in the Company/Close Corporation Particulars container.

Pre-populated (read-only) in the Company/Close Corporation Particulars container.

Format CCYYMMDD. Pre-populated (read-only) in the Company/Close Corporation Particulars container.

Is this return in respect of a branch/permanent establishment/agency of a foreign company?

The nine South African provinces plus ‘International’.

Selected from the Standard Industry Codes booklet published at www.statssa.gov.za. This field also determines whether the Mining and Quarrying (SIC 05-09), Construction (SIC 41-43), Wholesale and Retail Trade (SIC 45-47), or Financial and Insurance Activities (SIC 64-66) industry-specific sections display for completion (see those steps below).

Selected from SARS' main source code list. Note (§15.2.1(b)(iv)): if the company is dormant this field is pre-populated with code 9994 and locked — inapplicable to this document's scope (isCompanyDormant is not the still-dormant branch).

Mandatory free-text field (maximum 56 characters) only if the selected profit code ends with '98'. Not expressible as a requiredWhen condition on profitCodeMainSource's own value under GSP-0013 (no string-suffix operator) — left optional here; a filer/agent must supply it whenever that condition holds.

Inferred gating field: guide §15.2.2 is headed 'TAX PRACTITIONER DETAILS (If Applicable)' but the Annexure E wizard text does not show an explicit Yes/No question for it — applicability is most likely determined by the logged-in eFiling user's practitioner-registered role rather than an in-form question, the same caveat recorded for all four sibling ITR14 documents.

Alphanumeric, 9 characters; the first two characters must be 'PR'.

Numeric field, up to 15 characters.

If marked, the Tax Practitioner Email address field is locked and greyed out.

Free text, up to 52 characters.

Format CCYYMMDD. The Company Representative/Public Officer's eFiling login serves as authentication for submission; if submitted at a SARS branch, the signature pad is signed instead.

Displayed if 'Yes' was selected to the wizard's International gating question (receivedForeignIncomeOrIncurredForeignExpenditureOrPaidNonResident).

Did the company receive any income subject to foreign taxes paid/payable?

Introduced from the 2015 year of assessment onwards.

Total payments made (R)

Is the foreign exchange gain/loss incurred in respect of an exchange item where the counterparty is a connected person?

Was the foreign exchange gain/loss realised during this year of assessment?

Introduced from the 2015 year of assessment onwards. If 'Yes', the Income Statement's Foreign Exchange Gain and Foreign Exchange Loss fields are not editable and are cleared.

Did the company receive any foreign dividends?

Has the company claimed an exemption for any foreign dividends as referred to in s10(1)(k)(ii)(dd) or s10B(2)(a)?

Were any of the foreign dividends subject to the participation exemption?

Has the company claimed an exemption for any amounts relating to the disposal of equity shares in a foreign company, as contemplated in paragraph 64B of the Eighth Schedule?

Was any tax withheld against royalties, interest or dividends?

Displays from the 2017 year of assessment onwards. If ‘Yes’, the applicable IT10A/B Controlled Foreign Company schedule must be completed and attached as a supporting document to the return.

Specify the number of Controlled Foreign Companies

Did the company earn any income from a foreign source that was not taxable in South Africa in accordance with a double taxation agreement?

Is the company a participant in any arrangements with round trip financing (s80D)?

Is the company a participant in any arrangements with elements that have the effect of offsetting or cancelling each other (s80C)?

Is the company a participant in any arrangements with the presence of an accommodating or tax-indifferent party (s80E)?

All currency fields in this section must be completed; complete zero (0) if not applicable to the company.

Total dividends subject to dividends tax (dividends declared and paid on or after 1 April 2012) (R)

Total dividends exempt from dividends tax (R)

Total dividends subject to double taxation relief (R)

Total dividends in specie declared (R)

No counterpart in any sibling document — new to Annexure E. A dividend paid by a company is not subject to dividends tax to the extent it does not exceed the STC credit of the company and the company has notified the recipient of the reduction.

All currency fields in this container must be completed if utilisedStcCreditsAgainstDividends is ‘Yes’; complete zero (0) if not applicable.

Plus: STC credits received (R)

Less: STC credits utilised (R)

STC credits closing balance (R)

Is the company resident outside South Africa due to foreign incorporation (and not being effectively managed in SA)?

Is the company resident outside South Africa by virtue of a treaty to avoid double taxation?

Format CCYYMMDD.

No counterpart in any sibling document — new to Annexure E. The company must also complete and attach the RCH01 schedule for companies electing to be a Headquarter Company as a supporting document.

Does the company comply with the requirement that at least 80% of the cost of its total assets (excluding cash and bank deposits payable on demand) is attributable to assets as listed in s9I(2)(b)?

Does the company comply with the requirement that where its gross income (excluding exchange differences determined in terms of s24I) exceeds R5 million, at least 50% of that gross income consists of amounts described in s9I(2)(c)?

Does the company give consent that SARS can provide the attached financial statements to the Companies and Intellectual Property Commission (CIPC)?

Have the financial statements been audited?

'No' can be selected to both this question and financialStatementsAudited.

Name of the entity that conducted the audit/review

Have the financial statements been qualified?

Does the qualified opinion have any tax effect?

Did the company generate a capital gain/loss or revenue gain/loss in respect of the early termination of a foreign instrument?

If ‘Yes’, the Local or Foreign Capital Gains Tax container displays — out of scope for this document (see hadLocalCapitalGainOrLoss/hadForeignCapitalGainOrLoss and VERIFICATION.md).

Did the company prematurely terminate/unwind a hedge position where the tax value differs in relation to the economic value?

Introduced from the 2015 year of assessment onwards.

Is the company a beneficiary of a trust?

Introduced from the 2019 year of assessment onwards.

Did the company receive any distribution(s) from a trust(s) during this year of assessment (amount distributed to/vested in the company, or deemed to have accrued in terms of s7)?

Accepts a number between 1 and 99. The ‘Taxable Distribution(s) from all Trust(s)’ repeating container (trust name, registration number, tax reference number, local/foreign CGT distribution, local/foreign taxable income distribution) is out of scope for this document — see VERIFICATION.md.

Introduced from the 2015 year of assessment onwards.

Introduced from the 2015 year of assessment onwards.

Introduced from the 2015 year of assessment onwards.

Mandatory from the 2014 year of assessment onwards; optional for prior years.

Introduced from the 2017 year of assessment onwards.

Introduced from the 2017 year of assessment onwards. If ‘Yes’, a note directs the filer to upload the required farming schedule as part of the return submission — the schedule upload itself is out of scope for this document.

Only applicable if participatedInFarmingActivities is 'Yes'; the guide itself frames this as optional ('if any'), so it is not gated with requiredWhen.

Is the company carrying on banking, financial services or insurance business?

Determines whether 'Allowance i.r.o. impairments (s11(jA))' or the separate IFRS-applied/IFRS-not-applied doubtful debt allowance fields are available in the (deferred) Special Allowances Not Claimed and Allowances/Deductions Reversed containers.

Introduced from the 2019 year of assessment onwards. Distinct from isPartOfGroupPreparingConsolidatedFinancialStatements, which gates the Company Structure section.

Applicable from the 2017 year of assessment onwards. Distinct from isMemberOfMneGroup, which gates the Multinational Entity (MNE) group details section under the Country-by-Country Regulations.

Introduced from the 2019 year of assessment onwards.

Applicable from the 2017 year of assessment onwards.

Format CCYYMMDD. From the 2019 year of assessment onwards. Only one ITR14 return should be submitted for this period.

Format CCYYMMDD.

Introduced from the 2019 year of assessment onwards.

Introduced from the 2019 year of assessment onwards.

Introduced from the 2017 year of assessment onwards.

Does a different tax rate apply to the company and/or any right(s) held by that company?

Were any transactions relating to crypto assets included in the income statement?

Gross crypto assets amount included in income statement (R)

Did the transaction(s) relating to crypto assets result in a profit?

Profit relating to crypto assets trading (R)

Loss relating to crypto assets trading (R)

Amount of crypto assets included as assets in the Balance Sheet (R)

If 'No', an error message displays and the Urban Development Zone (s13quat) question in the wizard must be updated.

If 'Yes', the certificate must be kept for 5 years per s29 of the Tax Administration Act.

If 'Yes', an error message displays and the wizard question must be updated.

Total amount incurred for the erection, extension, addition or improvement of the building (R)

Did the company purchase the building or part thereof from a developer?

Purchase price of the building or part thereof (R)

Amount of the purchase price deemed to be cost incurred by the company in terms of s13quat(3B) (R)

If 'No', an error message displays and the wizard question must be updated.

If 'No', the two low-cost-residential-unit UDZ currency fields (deferred as part of the Special Allowances Not Claimed container — see VERIFICATION.md) must be zero.

Name of the ultimate holding company (or, if the ultimate holding entity is a trust, the name of the trust)

A group organogram with the correct Group Structure information must be uploaded as a supporting document with the return — out of scope for this document as a repeating/free-form document.

Is the ultimate holding company resident outside South Africa?

Tax residency country code of the ultimate holding company

Income tax reference number of the ultimate holding company

Is the company a partner in an unincorporated joint venture?

Is the company part of a group of companies with a group consolidated turnover greater than R1 billion?

No counterpart in any sibling document — new to Annexure E as the Subsidiary Details sub-container of Company Structure. The company must also confirm that the applicable group structure organogram has been completed and attached as a supporting document (see the groupOrganogram document entry and GEN-ENR-01-G07).

Selected from a country dropdown (guide's Annexure F list of valid country names).

Name of the reporting entity

Only displayed if 'South Africa' is selected as mneReportingEntityTaxJurisdiction; introduced from the 2019 year of assessment onwards. Modelled as optional rather than a requiredWhen-gated field since GSP-0013 has no equals-a-specific-country-string operator that safely avoids the notEquals-against-an-optional-field pitfall documented in this registry's engineering notes; mneReportingEntityIncomeTaxNumber and mneReportingEntityTaxIdentificationNumber are mutually exclusive depending on that jurisdiction selection.

Only displayed if the reporting entity's tax jurisdiction is any country other than South Africa; introduced from the 2019 year of assessment onwards. See mneReportingEntityIncomeTaxNumber's description for the mutual-exclusivity note.

Introduced from the 2019 year of assessment onwards.

Format CCYYMMDD. Introduced from the 2019 year of assessment onwards.

All fields in this section are compulsory; complete zero (0) if not applicable. Use figures from the company's own (not group/consolidated) annual financial statements, in Rands with no cents. This Medium to Large Business Balance Sheet has materially more line items than the smaller sibling documents' Balance Sheets — see VERIFICATION.md.

Non-current assets — Fixed assets, other (R)

Non-current assets — Plant and equipment (R)

Introduced from the 2016 year of assessment onwards.

Non-current assets — Goodwill and intellectual property (R)

Non-current assets — Investments in subsidiaries (R)

Non-current assets — Long-term loans, interest free: Connected (Local) (R)

Non-current assets — Long-term loans, interest free: Non-Connected (Local) (R)

Non-current assets — Long-term loans, interest free: Connected (Foreign) (R)

Non-current assets — Long-term loans, interest free: Non-Connected (Foreign) (R)

Non-current assets — Long-term loans, interest bearing: Connected (Local) (R)

Non-current assets — Long-term loans, interest bearing: Non-Connected (Local) (R)

Non-current assets — Long-term loans, interest bearing: Connected (Foreign) (R)

Non-current assets — Long-term loans, interest bearing: Non-Connected (Foreign) (R)

Non-current assets — Deferred tax assets (R)

Other non-current assets (R)

Free text, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherNonCurrentAssets.

Current assets — Gross inventory (incl. spare parts and consumables and work in progress) (R)

Current assets — Less: Provisions for inventory write-off (R)

Current assets — Gross trade and other receivables (excl. debtors) (R)

Current assets — Less: Provisions for trade and other receivables (excl. debtors) (R)

Current assets — Gross debtors (excl. trade debtors) (R)

Current assets — Less: Provisions for debtors (excl. trade debtors) (R)

Current assets — Prepayments (R)

Current assets — Group companies current accounts (R)

Current assets — Short-term investments (R)

Current assets — SA Revenue Service (R)

Current assets — Cash and cash equivalents (R)

Other current assets (R)

Free text, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherCurrentAssets.

Capital and Reserves — Share capital (R)

Capital and Reserves — Share premium (R)

A debit balance (assessed loss) is entered as a negative value (e.g. -10000); a credit balance is entered as a positive value.

Capital and Reserves — Distributable reserves (excl. retained profit/accumulated loss) (R)

Capital and Reserves — Retained profit (R)

Capital and Reserves — Other capital and reserves (credit balances) (R)

Free text field, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherCapitalAndReservesCredit.

Capital and Reserves — Accumulated loss (debit balances) (R)

Capital and Reserves — Other capital and reserves (debit balances) (R)

Free text field, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherCapitalAndReservesDebit.

Non-Current Liabilities — Long-term loans, interest free: Connected (Local) (R)

Non-Current Liabilities — Long-term loans, interest free: Non-Connected (Local) (R)

Non-Current Liabilities — Long-term loans, interest free: Connected (Foreign) (R)

Non-Current Liabilities — Long-term loans, interest free: Non-Connected (Foreign) (R)

Non-Current Liabilities — Long-term loans, interest bearing: Connected (Local) (R)

Non-Current Liabilities — Long-term loans, interest bearing: Non-Connected (Local) (R)

Non-Current Liabilities — Long-term loans, interest bearing: Connected (Foreign) (R)

Non-Current Liabilities — Long-term loans, interest bearing: Non-Connected (Foreign) (R)

Non-Current Liabilities — Deferred tax liability (R)

Other non-current liabilities (R)

Free text field, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherNonCurrentLiabilities.

Current Liabilities — Gross trade and other payables (not older than 3 years) (R)

Current Liabilities — Gross trade and other payables (older than 3 years) (R)

Current Liabilities — Provisions (excluding inventory and trade receivables) (R)

Current Liabilities — Deposits and funds received in advance (excl. contract progress payments) (R)

Current Liabilities — Group companies current accounts (R)

Current Liabilities — Contract progress payments received in advance (R)

Current Liabilities — Current portion of interest-bearing borrowings (R)

Current Liabilities — Current portion of interest free borrowings (R)

Current Liabilities — Overdraft and interest-bearing short-term borrowings (R)

Current Liabilities — SA Revenue Service (R)

Current Liabilities — Shareholders for dividend/proposed dividend (R)

Other current liabilities (R)

Free text field, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherCurrentLiabilities.

All fields in this section are compulsory; complete zero (0) if not applicable. Use the normal accounting meaning of the terms used; if the company has no cost of sales (e.g. a property rental company), turnover and gross profit will be the same amount. This Medium to Large Business Income Statement splits sales/purchases/admin/interest/royalties/loan-related lines by Local/Foreign and Connected/Non-Connected far more granularly than the smaller sibling documents — see VERIFICATION.md.

Gross Profit/Loss — Gross Sales (excl. credit notes) — Other than foreign connected (R)

Gross Profit/Loss — Less: Opening stock (R)

Gross Profit/Loss — Less: Credit notes on sales (R)

Gross Profit/Loss — Less: Purchases — Foreign: Connected (excl. rebates) (R)

Gross Profit/Loss — Less: Purchases — Other than foreign connected (excl. rebates) (R)

Gross Profit/Loss — Add: Rebates (R)

Gross Profit/Loss — Add: Closing stock (Gross excl. adjustments) (R)

Gross Profit/Loss — Add: Inventory adjustments (Previous year stock provision reversed) (R)

Gross Profit/Loss — Less: Inventory adj. (Current year stock provision (obsolete/slow-moving stock)) (R)

Income items — Accounting profit on disposal of fixed assets and/or other assets (R)

Income items — Admin, secretarial, rentals, guarantee fees and other services — Connected (Local) (R)

Income items — Admin, secretarial, rentals, guarantee fees and other services — Connected (Foreign) (R)

Income items — Admin, secretarial, rentals, guarantee fees and other services — Non-connected (R)

Income items — Amounts deemed to be dividends in specie (s8F and s8FA) (R)

Income items — Bad and doubtful debts recovered (R)

Income items — Dividends — local (R)

Income items — Dividends — foreign (R)

Income items — Dividends (local and foreign) deemed to be income (s8E and s8EA) (R)

Income items — Tainted Dividends (local and foreign) deemed to be income (s22B) (R)

Introduced from the 2019 year of assessment onwards, applicable to entities subject to the Public Finance Management Act, 1999.

Not editable and cleared if isDomesticTreasuryManagementCompany is 'Yes' (see the Foreign Exchange Gains/Losses step).

Income items — Government grants (national, provincial and local) (R)

Income items — Gross royalties and license fees (R)

Introduced from the 2015 year of assessment onwards.

Introduced from the 2016 year of assessment onwards.

Income items — Interest — Financial institutions (R)

Income items — Interest — Connected (R)

Introduced from the 2019 year of assessment onwards.

Introduced from the 2019 year of assessment onwards. SARS pre-populates based on any IT3(b) certificate(s); can be amended upward but not reduced.

Mandatory to complete if the company is a body corporate or share block company; introduced from the 2019 year of assessment onwards.

Income items — REIT distributions received (R)

Income items — Reversal of impairment loss recognised in profit or loss (R)

Income items — Other income (R)

Free text, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherIncomeItems.

Expense items — Accommodation and travel expenses: Local (R)

Expense items — Accommodation and travel expenses: Foreign (R)

Expense items — Accounting loss on disposal of fixed assets/other assets (R)

Expense items — Admin, secretarial, rentals, guarantee fees and other services — Connected (Local) (R)

Expense items — Admin, secretarial, rentals, guarantee fees and other services — Connected (Foreign) (R)

Expense items — Admin, secretarial, rentals, guarantee fees and other services — Non-connected (R)

Expense items — Alterations and improvements (excluding repairs and maintenance) (R)

Expense items — Bad debts written off (R)

Expense items — Capital improvements — farming operations (paragraph 12 of the First Schedule) (R)

Expense items — Commission paid (R)

Expense items — Compensation for loss of office (R)

Expense items — Consulting, legal and professional fees (R)

Expense items — Depreciation (R)

Expense items — Directors'/members' remuneration (R)

Introduced from the 2015 year of assessment onwards. When completed, pre-populates and locks the matching ‘Donations (s18A)’ add-back field in Tax Computation.

Mandatory from the 2015 year of assessment onwards; complete zero if no donations were made. When completed, pre-populates and locks the matching ‘Donations — Other’ add-back field in Tax Computation.

Expense items — Employee expenses: Wages and salaries (excluding medical, provident and pension) (R)

Expense items — Employee expenses: Group life insurance (R)

Expense items — Employee expenses: UIF contributions and SDL (R)

Expense items — Employee expenses: Pension and Provident fund contributions (R)

Expense items — Employee expenses: Medical scheme contributions (R)

Expense items — Employee expenses: Membership of a professional body (R)

Expense items — Employee expenses: Training (R)

Expense items — Expenditure incurred by a lessor of land let for farming purposes in respect of soil erosion (s17A) (R)

Expense items — Expenditure incurred directly or indirectly in effecting BEE and/or BBBEE compliance (R)

Introduced from the 2015 year of assessment onwards.

Not editable and cleared if isDomesticTreasuryManagementCompany is 'Yes' (see the Foreign Exchange Gains/Losses step).

Expense items — Impairment loss recognised in profit or loss (R)

Expense items — Insurance (excluding s37A payments) (R)

Expense items — Insurance premium in respect of rehabilitation obligations (s37A) (R)

Expense items — Interest — financial institutions (R)

Expense items — Interest — Connected (Local) (R)

Expense items — Interest — Connected (Foreign) (R)

Expense items — Interest — Non-connected (R)

Expense items — Interest and penalties paid to SARS (excluding SARS interest repaid that was previously taxed i.t.o. s7E) (R)

Expense items — Key man insurance (s11(w)) (R)

Expense items — Lease payments other than operating leases (R)

Expense items — Management fees — Connected (R)

Expense items — Management fees — Non-connected (R)

Expense items — Operating lease payments — Connected (R)

Expense items — Operating lease payments — Non-connected (R)

Expense items — Partnership/Joint venture loss — Foreign (R)

Expense items — Partnership/Joint venture loss — Local (R)

Expense items — Provision for doubtful debts (R)

The guide's own item list at §15.2.29(e)(i) repeats this line under two labels (‘Repairs and maintenance’, item SS, and ‘Repair and maintenance’, item VV) — modelled once here as a single field; treated as a duplicate/OCR artifact in the source guide rather than two distinct fields, see VERIFICATION.md.

Introduced from the 2007 year of assessment onwards.

Expense items — Restraint of trade (R)

Expense items — Royalties and license fees (excluding payments in terms of mineral and petroleum resources royalties) — Local (R)

Expense items — Royalties and license fees (excluding payments in terms of mineral and petroleum resources royalties) — Foreign (R)

Expense items — Mineral and Petroleum Resources royalty (R)

Expense items — SARS interest repaid (s7F) (R)

Expense items — Small items and loose tools (R)

Expense items — Other expenses (excluding items listed above) (R)

Free text, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherExpenseItems.

Only completed where the adjustment is applicable to the company; on eFiling and in the branch, a pop-up selection box displays from which only relevant adjustments are selected and completed (unlike the Balance Sheet/Income Statement, whose fields are all compulsory with zero as default).

Debit adjustment — Accounting profit on disposal of fixed and/or other assets (R)

Introduced from the 2006 year of assessment onwards.

Introduced from the 2006 year of assessment onwards.

Debit adjustment — Amounts previously taxed as received in advance (R)

Debit adjustment — Amounts deemed to be dividends in specie (s8F and s8FA) (R)

Debit adjustment — Exempt local dividends (R)

Debit adjustment — Exempt foreign dividends (s10(1)(k)(ii)) (R)

Introduced from the 2019 year of assessment onwards.

Debit adjustment — Exemption in terms of s10(1)(t) (R)

Debit adjustment — Exemption in terms of s10(1)(yA) (R)

Introduced from the 2019 year of assessment onwards, applicable to entities subject to the Public Finance Management Act, 1999.

Debit adjustment — Other Income exempt from tax i.t.o. s10(1) not included elsewhere (R)

Debit adjustment — Exempt foreign dividends (s10B) (R)

Moved to this section from the 2016 year of assessment onwards.

Introduced from the 2015 year of assessment onwards.

Introduced from the 2015 year of assessment onwards.

Debit adjustment — Foreign exchange gain adjustment (s24I, excluding s24I(4)) (R)

Debit adjustment — Foreign currency translation adjustment (s25D) (R)

Debit adjustment — Income not taxable by virtue of double taxation agreement (R)

Debit adjustment — Mineral and Petroleum Resources Royalty adjustment (R)

Debit adjustment — Receipts and/or accruals of a capital nature (R)

Debit adjustment — Reversal of provisions (R)

Debit adjustment — Other (excluding items listed above) (R)

Free text, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherAdjustmentsAllowable; on eFiling/branch, only displays if 'Other' was checked on the selection list.

Only completed where the adjustment is applicable to the company; on eFiling and in the branch, a pop-up selection box displays from which only relevant adjustments are selected and completed.

Introduced from the 2000 year of assessment onwards.

Credit adjustment — Accounting loss on disposal of fixed and/or other assets (R)

Introduced from the 2006 year of assessment onwards.

Introduced from the 2006 year of assessment onwards.

Credit adjustment — Mineral and Petroleum Resources Royalty adjustment (R)

Credit adjustment — Amortisation of lease premiums and improvements to leasehold premises (R)

Credit adjustment — Capital expenditure and/or losses (R)

Credit adjustment — Depreciation according to financial statements (R)

Credit adjustment — Expenses attributable to exempt income — Local (R)

Credit adjustment — Expenses attributable to exempt income — Foreign (R)

Credit adjustment — Interest paid in respect of capitalised leased assets (R)

Credit adjustment — Interest claimed exceeding interest received (not linked to trading) (s11G) (R)

Credit adjustment — Lump sum contributions to retirement and/or benefit funds (R)

Credit adjustment — Provision for doubtful debt not deductible in current year (R)

Credit adjustment — Provisions not deductible current year (excluding doubtful debt) (R)

Credit adjustment — Amounts deemed to be dividends in specie (s8F and s8FA) (R)

Credit adjustment — Expenses not actually incurred in the production of income (s11(a)) (R)

Credit adjustment — Limitation expenditure incurred by lessor of land for farming purposes in respect of soil erosion (s17A) (R)

Pre-populated and locked from the matching Income Statement donationsS18aExpense field.

Pre-populated and locked from the matching Income Statement donationsOtherExpense field.

Credit adjustment — Deductions not allowable in determination of taxable income (s23) (R)

Introduced from the 2019 year of assessment onwards, applicable to entities subject to the Public Finance Management Act, 1999.

Credit adjustment — Amounts in respect of assets subject to a sale and leaseback arrangement (s23G) (R)

Introduced from the 2000 year of assessment onwards.

Credit adjustment — Amounts in respect of certain (tainted) intellectual property (s23I) (R)

Introduced from the 2011 year of assessment onwards.

Introduced from the 2015 year of assessment onwards.

Introduced from the 2015 year of assessment onwards.

Introduced from the 2014 year of assessment onwards.

Credit adjustment — Foreign exchange loss adjustment (s24I) (excluding s24I(4)) (R)

Introduced from the 2019 year of assessment onwards.

Credit adjustment — Foreign currency translation adjustment (s25D) (R)

If greater than zero, the ‘Specify the financial assistance to fixed capital ratio’ field in the (deferred) Transfer Pricing: Paid/Payable section becomes mandatory — see VERIFICATION.md.

Credit adjustment — Transfer pricing adjustments (excluding thin capitalisation adjustments) (R)

Credit adjustment — SARS interest repaid (s7F) (R)

Credit adjustment — Expenditure attributable to the issue of shares or granting of option or rights for no consideration (s40C) (R)

Credit adjustment — Capital Improvement — Farming operations (paragraph 12 of the First Schedule) (R)

Credit adjustment — Other (excluding items listed above) (R)

Free text, maximum 150 characters. Only completed if a value exceeding R0 was entered in otherAddBack; on eFiling/branch, only displays if 'Other' was checked on the selection list.

Source code 4276. Unlike the SARS-calculated 'Calculated profit/loss excluding net income from CFC' lines in this subsection (§15.2.35(d)-(e)), this line is filer-entered.

No counterpart in any sibling document — new to Annexure E.

Was the company a party to a substitutive share-for-share transaction as defined in s43 during the year of assessment?

Was the company a party to an amalgamation transaction as defined in s44 during the year of assessment?

Was the company a party to an intra-group transaction as defined in s45 during the year of assessment?

Was the company a party to an unbundling transaction as defined in s46 during the year of assessment?

Was the company a party to a liquidation, winding-up or deregistration distribution as defined in s47 during the year of assessment?

Source code 9984. Applicable from the 2023 year of assessment onwards. Both this field and penaltyImpermissibleDistributionsMiningRehabS37a7 are mandatory until one is completed.

Source code 9985.

This section displays only if the company's standardIndustryCode starts with 05, 06, 07, 08 or 09. Not expressible as a requiredWhen condition under GSP-0013 (no string-prefix operator on standardIndustryCode) — modelled as always-optional with this description explaining the real gating condition, the same judgment call as profitCodeOtherDescription. No counterpart in any sibling document — new to Annexure E. A completed GEN-001 mining schedule must be attached as a supporting document (see the miningSchedule document entry).

Did the company acquire a mining operation as a going concern during the year of assessment?

Did the company acquire/dispose of mining property and equipment as envisaged in s37?

Specify the % of the company's total turnover that relates to the buy-in of minerals

Did the company conduct prospecting outside South Africa?

Did the company conduct mining/mining operations where the company is not the legal owner of the mining right?

This section displays only if the company's standardIndustryCode starts with 41, 42 or 43. Not expressible as a requiredWhen condition under GSP-0013 (no string-prefix operator) — modelled as always-optional. No counterpart in any sibling document — new to Annexure E.

Did the company incur any losses on contract work in progress which is required to be declared as trading stock in terms of s22(3A)?

This section displays only if the company's standardIndustryCode starts with 45, 46 or 47. Not expressible as a requiredWhen condition under GSP-0013 (no string-prefix operator) — modelled as always-optional. No counterpart in any sibling document — new to Annexure E.

This section displays only if the company's standardIndustryCode starts with 64, 65 or 66. Not expressible as a requiredWhen condition under GSP-0013 (no string-prefix operator) — modelled as always-optional. No counterpart in any sibling document — new to Annexure E.

Has the company made a capital contribution or advanced a loan to any trust?

Where the taxpayer has claimed a deduction for any provision related to claims intimated but not reported or to outstanding claims, does such provision factor in an amount related to ex gratia payments?