South African business owners — are your tax returns taking longer than ever? You’re not imagining it. SARS has quietly changed the ITR14, and the new rules could put your business at risk if you’re not prepared.
In this video, Mollen explains exactly what’s happening and how you can stay compliant."
Mollen starts by introducing the problem: company tax returns on SARS eFiling are now taking double or triple the time. She outlines what’s changed, why SARS is doing it, and what small businesses need to know.
On 1:01 Mollen breaks down the main updates, detailed expense classifications, mandatory schedules for income and losses, new beneficial ownership questions, and SARS’s audit risk indicators.
She further explains why SARS is making these changes on (3:31), as they’re becoming more data-driven, using AI and third-party information to flag risks faster and catch non-compliance.
On 7:31 finally, Mollen shares Brendmo’s advice, doing monthly bookkeeping, keep expense schedules organized, document your structure, file early, and work with professionals who understand the new rules.
This video is a must-watch if you’re a small business owner who wants to avoid penalties, prevent audits, and keep your company fully compliant under the new SARS tax system.
Please visit our website to get more information: https://www.brendmo.com/
CONTACT BRENDMO ACCOUNTANTS:
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✅ About Brendmo Business Hub.
Welcome to Brendmo Business Hub! This channel is your go-to space for expert insights to help small and medium-sized businesses grow confidently. At Brendmo Business Hub, we create educational content to simplify the complex business world, from accounting and taxes to compliance, marketing, strategy, and sales.
Whether you're a startup owner, growing entrepreneur, or business leader, our videos, interviews, and practical tips will guide you through the essentials of running a smarter, more profitable business. Learn how to stay compliant, scale sustainably, and succeed in today’s fast-paced business environment. Join us and never miss a video that could transform how you do business!
For Business inquiries, please use the contact information below:
📩 Email: [email protected]
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