[Question] Companies tax filing and financial year end don't match.

[theghid]

HI. My company has been submitting tax returns (ITR14) every year with the end date being the last day of February. This has been consistent since inception (Jul-2015). However, the year end registered is December. Neither SARS or the auditor seems to have picked up this error. Is it possible there is a legacy standard that this is allowed?

How would you go about correcting this error and bringing it in line with best practice? Maybe have the year ends changed?

[Andromeda]

Hello theghid, although it actually depends on your needs (whether to change CIPC or SARS), CIPC happens reasonably quickly.

Here are the steps https://www.cipc.co.za/?page_id=1569...20End%20Change