THE INCOME TAX RETURN FOR TRUSTS (ITR12T)
- 12 December 2016 - Further enhancements to the Income Tax Return for Companies (ITR14)
SARS introduced enhancements to the Income Tax Return for Companies (ITR14) on 9 December 2016. Read more.
What is it?
The Income Tax Return for Trusts is called the Income Tax Return for Trust (ITR12T).
When did it come into effect?
The updated form (ITR12T) is available from 12 October 2015.
How will I get the ITR12T?
The form (ITR12T) is available on eFiling
or may be captured at a SARS branch on behalf of the representative/Tax Practitioner. You need to fill in the form before sending it to the branch for capturing.
An example of the ITR12T
is available for downloading. Should you visit a SARS branch for capturing, you’ll need to fill it in before going to the branch. For more information on how to complete ITR12T, click here
Top Tip: Asking for the ITR12T to be posted to you will no longer be an option and trust returns received via post will be rejected.
How to submit the ITR12T?
- Complete and submit ITR12T electronically on eFiling
- Submit ITR12T via a third party independent software vendor which will submit to SARS via eFiling web services
- Visit nearest SARS branch for capturing of ITR12T on SARS system. Capturing of the ITR12T at a SARS branch will only be available. If the number of persons who transacted with the trust is limited to a maximum of 10, or else the trust must register for eFiling.