IT3 data submissions

What's New

  • 08 October 2018 - REMINDER: THIRD PARTY DATA BI-ANNUAL SUBMISSIONS: 01 September 2018 – 31 October 2018
    This is a reminder that the deadline for the SARS Third Party Data Bi-Annual Submissions process for the period 1 September 2018 – 31 October 2018 opened on 1 September 2018 and will close on 31 October 2018. Submissions in respect of data files and declarations of the various reportable data types as detailed per Table 1 are now due.

  • 31 August 2018 - THIRD PARTY DATA BI-ANNUAL SUBMISSIONS: 01 September 2018 – 31 October 2018

    The SARS Third Party Data Bi-Annual Submissions process for the period 1 March 2018 – 31 August 2018 opens on 01 September 2018 and will close on 31 October 2018.  Submissions in respect of data files and declarations of the various reportable data types as detailed per Table 1 are now due.

    Table 1: Bi-annual Submission Dates – 2018:
    Data Type:
    Trade Test Platform 
    Go Live: ​
    Production  Submissions:​ Applicable Business Requirement Specification (BRS):​
    IT3 (b, c, e, s)
    ​​01 September 2018
    17 Sept 2018 – 31 Oct 2018
    Medical 01 September 2018
    ​​17 Sept 2018 – 31 Oct 2018
    ​Insurance 01 September 2018
    17 Sept 2018 – 31 Oct 2018
    BRS: SARS External BRS - Insurance Payments (INS) v1.0.3
     

  • 10 March 2017 - IT3 Data Submission - UPDATED Clarification Document for IT3 (b) and IT3 (s)
    The interpretation notes contained in this document are applicable to the BRS with the title and version “SARS_External BRS_2014_IT3s_v2.0.3-27” with the effective date of 1 March 2015.  This document is a summary of the minor changes due to legislative and system integration requirements for submissions due by end May 2017.

    Note: This Clarification Document was effective for submissions due by end May 2017. SARS Testing platform was updated from 20 March 2017.


Top Tip: Stay informed by subscribing to our RSS feeds and you will be alerted when any changes are made to the page.

 

Data submission due dates

  • For the six month period 1 March to 31 August – by 31 October
  • For the full year 1 March to 28/29 February – by 31 May.

Data submission and correction of submitted data

A maximum of 20 IT3(b), IT3(c), IT3(e), IT3(s) certificates can now be submitted on the IT3-01 form using eFiling.
 
Should you need to make a correction, data submissions can be revised on the channel initially used.
 
Top Tip: Please remember when revising your data submitted on the IT3-01 form; ensure that the record status field is selected as either “Correction” or “Deletion” across the sections of the form.

What are data submissions?

Institutions can submit IT3(b), IT3(c), IT3(e),IT3(s), Medical Scheme Contributions and Insurance Payments data types. These certificates are submitted for:
 
  • IT3(b) certificates report interest income from investments, rental income, dividends, royalties and other income that was due, paid or accrued to account holders. The IT3(b) has been updated to include the Withholding Tax on Interest (WTI) information. For more information, see Withholding Tax on Interest (WTI).
  • IT3(c) certificates report payments like proceeds from the sale of unit trusts and other financial instruments
  • IT3(e) certificates report income received by or accrued to clients from the sale or shipment of livestock, produce, timber, ores, minerals and precious stones. Bonuses and interest paid or accrued to the members of co-operative societies or companies are also be reported on an IT3(e) certificate.
  • IT3(s) certificates which reports on the Tax Free Savings/Investments. For more information, see Tax Free Investment Accounts.
  • Medical Scheme Contributions report on member and other demographics, contributions made by employers and employees towards a medical scheme as well as on benefits not covered, interest and refunds.
  • Insurance Payments report on member and other demographics and contributions made by members towards insurance.
The File Transfer Protocol (FTP) is currently used to submit this data according to the file layout requirements specified. The file layout will be submitted on the Direct Data Flow channel which is available on the Modernised 3rd Party Data Platform page.

What must be done next?

Institutions planning to submit IT3(b), (c), (e), (s), Medical scheme contributions and Insurance payments data must:
  • Make sure the latest relevant BRS, which defines the data requirements, is used.
    Develop and update source systems in line with the applicable channel and the supporting data requirements as per the relevant BRS.

Need more help?

Should you need more help, please send an email to 3rd Party Data Support Bus_Sys_CDSupport@sars.gov.za.

For a list of archived documents, click here.

 

 

Last Updated: 08/10/2018 3:44 PM     print this page
SARS eFiling eFiling Login eFiling Register Now eFiling Forgot Password eFiling Forgot Username E@syFile
FIND A PUBLICATION
FIND A FORM
FIND AN FAQ