What’s new

The All Entities View & “Contacts” Architecture Entity Management

Users frequently need to record entities that they do not actively manage for tax or corporate secretarial compliance, such as external shareholders, holding entities, corporate directors, or third-party trustees. We have introduced the All Entities View, establishing a clean distinction between managed clients and passive Contacts:

• Frictionless Onboarding: When capturing external contacts, only the entity name is mandatory, allowing you to record vital relationship records even when full statutory details are unavailable.
• Operational Scope Flags: From the unified All Entities screen, you can clearly flag whether an entity is an active taxpayer, under company secretarial management, part of trust administration, or simply maintained as a contact record.

Automated Securities Transfer Tax (STT) EngineEntity Management

To ensure compliance with statutory share transfer disclosures, we have launched automated Securities Transfer Tax calculation logic across transfers and buybacks:

• Statutory Formula: The system automatically calculates STT at the statutory 0.25% rate against whichever value is higher between the Total Market Value and the Total Paid.
• Exemption Support: Users can flag a transfer or buyback as tax-exempt and select the specific statutory exemption reason, ensuring that all necessary transaction records and registers reflect accurate fiscal data.

2026 ITR14 Submission EngineTax Management

We are thrilled to launch full preparation and submission functionality for 2026 ITR14 corporate tax returns. Following widespread requests from tax practices managing early filings, the 2026 form is live with the complete suite of features available for 2025:

• Direct SARS Requests: Request an official ITR14 return directly from the card.
• Smart Preparation: Prepare the form with integrated business rules and real-time container completion indicators.
• Validated Submissions: Submit returns with comprehensive pre-submission data validation.
• PDF Exports: Generate and download draft and finalised submission PDF copies whenever offline records are required.

Advances AFS Tracking & Interface EnhancementsTax Management

• Company AFS Tracker: Added comprehensive tracking fields to the Company AFS Tracker, to analyse key filing milestones, view direct submission and assessment data, and monitor cycle efficiency by tracking the exact duration from receiving the final Annual Financial Statements to completing the ITR14 submission.
• Descriptive Browser Tabs: As part of a navigation overhaul rolling out through October, browser tab titles dynamically reflect the specific page or dashboard currently open in Konsise, making it much easier to juggle multiple concurrent workflows.
• Enhanced Login Security Messaging: Failed login attempts will return a secure, generic response to align with industry authentication best practices.

Automated Medical Credits for IRP6 ReturnsTax Management

Provisional tax calculations for individual taxpayers became significantly faster. An automated calculation determines the medical credits and additional medical credits, using data from the latest ITA34 notice and the latest medical rebate values issued by SARS.

Regulatory Alignment: New SARS Residency RulesTax Management

SARS has introduced updated guidelines regarding the treatment of taxpayer residency statuses. To keep your filings perfectly compliant, the IRP6 module has been updated to seamlessly handle these new residency criteria, including:

• Taxpayers who transition from resident to non-resident.
• Taxpayers who have never been South African tax residents.
• Individuals with reinstated tax residency status.

Ultimate Visibility: ITR14 Progress IndicatorsTax Management

The comprehensive nature of an ITR14 return means tracking down incomplete fields can feel like searching for a needle in a haystack. We have introduced a visual completion indicator directly on the ITR14 form page. At a glance, you can now see exactly which containers are complete and which sections still require attention.

Tax CalculatorTax Management

Understanding a tax position before submission is essential for accurate tax filing. To make this easier, we’ve introduced the new Konsise Tax Calculator within the ITR14 functionality. The calculator enables you to estimate and review a company’s tax position directly in Konsise before submitting to SARS. This gives you greater visibility, helps verify figures, and provides added confidence during the filing process, all without leaving the platform.

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