by VDT Attorneys | Jan 16, 2026 | Managing your trust, SARS, Tax return, Trust compliance, Trust non-compliance, Trusts
All South African trusts must be registered for income tax with SARS to submit their tax returns yearly. It is irrelevant whether a trust is active or not. SARS will do a deep dive into the trusts’ tax return submissions, and if the trust has failed to submit its tax...
by Tenile Timmins | Mar 31, 2025 | ITR12T, SARS, Tax return, Trust, Trustee resolution
SARS has introduced a dedicated filing season for trusts, with the 2024 tax year spanning from 16 September 2024 to 20 January 2025. As part of SARS’ additional requirements for tax returns, trustees now have to ensure that they submit three resolutions during...
by VDT Attorneys | Nov 29, 2023 | Beneficial Ownership, SARS, Tax, Tax return, Trust disclosures
Filing tax returns for a trust is no longer as straightforward as it used to be. Earlier this year, the South African Revenue Services (“SARS”) issued a notice that new requirements have been introduced when filing tax returns for a trust. SARS now requires that the...
