COMPLETING THE INCOME TAX RETURN FOR a TRUST (ITR12T)

Before you start

You will need to check that all the details that we have on your Trust are correct on eFiling.

Before completing your ITR12T, make sure that that the contact, address, banking and public officer details of the Trust are correct by verifying and updating it (if required) on the Registration, Amendments and Verification Form (RAV01) on eFiling.

Top Tip: An ITR12T can be printed before submission, allowing you to check the information filled in is correct.
 
For more information, please consult the current guides, Step-by-Step Guide to complete your ITR12T via eFiling and the Comprehensive Guide to the ITR12T for Trusts.
 
To complete the ITR12T, the following relevant material (supporting documents) is needed:
  • All certificates and documents relating to income and deductions
  • Financial statements and/or administration accounts
  • Proof of payment of any tax credits
  • Particulars of assets and liabilities
  • Details of persons/beneficiaries to whom income, capital and/or assets were distributed/vested.

Supporting schedules needs to be filled in and sent with the ITR12T, if the trust:

Please note: A function will be available on eFiling to upload the supporting schedules.


Top Tip: The relevant material (supporting documents) used to fill in the ITR12T, must be kept for a period of five years. 
 
 
The ITR12T can only be sent:

  • Using eFiling. If you aren’t registered for eFiling follow our simple steps. This will allow you to complete and send your ITR12T online in a secure environment 24/7.
  • At a SARS branch. Should you visit a SARS branch for assistance, you will need to fill in the fields needed before going to the branch.

When and how to complete the ITR12T?

Depending on how you send your ITR12T to SARS, be sure you know the due date. Income tax returns must be submitted within the following periods:
  • in the case of any company, within 12 months from the date on which its financial year ends; or
  • in the case of all other persons (which include natural persons, trusts and other juristic persons, such as institutions, boards or bodies):
    • on or before 31 October 2019 for SARS branch filing;
    • on or before 4 December 2019 for non-provisional taxpayers who use eFiling and the MobiApp;
    • on or before 31 January 2020 for provisional taxpayers who use eFiling.

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Last Updated: 19/02/2020 4:36 PM     print this page
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 Top FAQs

When selecting No to the first question “Have the banking, contact and trustee details been confirmed and verified” on the Income Tax Return for Trust (ITR12T), I am unable to continue filling in the ITR12T?
The registered details of the trust must first be confirmed, in order to complete the ITR12T. To do this either:

When must an income tax reference number be filled in on the Income Tax Return for Trust (ITR12T) for a beneficiary?
An income tax reference number must be filled for a Trust/Company that is a beneficary. The income tax reference number for an individual is optional, as in some cases a tax reference number isn't available.

From which year of assessment can a trust claim any foreign tax credits in terms of section 6quin on the Income Tax Return for Trusts (ITR12T)?
A trust can only claim any foreign tax credits in terms of section 6quin from the 2012 year of assessment onwards on the ITR12T.

From which year of assessment can a trust claim any foreign tax credits refunded/discharged during the year of assessment on the Income Tax Return for Trusts (ITR12T)?
A trust can only claim any foreign tax credits refunded/discharged during the year of assessment from the 2014 year of assessment onwards on the ITR12T.

When will the income statement of the trust be needed, while completing the Income Tax Return for Trusts (ITR12T)?
The income statement of the trust will only be needed where local business income was received and must be filled in on the ITR12T.