THE INCOME TAX RETURN FOR TRUSTS (ITR12T)

 What's New?

  • From 16 September 2019 - Enhancements to the Income Tax Return for Trusts (ITR12T) 
    The Trusts Filing Season will start on 01 July when the Income Tax Return for Trusts (ITR12T) will become available for completion and submission to the South African Revenue Service (SARS). This submission will be in respect of the year of assessment ending on 28 February 2019. Read more on the changes.

What is a Trust?

The Income Tax Return for Trusts is called the Income Tax Return for Trust (ITR12T). 

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 of the Trust (see section on “How to submit the ITR12T”).
 
An example of the current ITR12T form 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?

You can submit the ITR12T via the following channels:

  • eFiling: Taxpayers who have not yet registered for eFiling you are encouraged to do so as this will enable you to complete and submit the return online in a secure environment.
  • SARS branch: If you are representing a trust with ten or fewer beneficiaries you have the option to have the ITR12T return captured by an agent at the branch. Please print the return and complete all the required fields prior to visiting the branch. You can download the ITR12T return from eFiing. SARS branches will no longer print the ITR12T.

Any trust which had made taxable amounts distributed to / vested in more than 10 beneficiaries at any time during the year of assessment ("YOA") must register and submit the ITR12T via eFiling

Any trust which had made taxable amounts distributed to/vested in 10 or less beneficiaries at any time during the YOA may register and submit the ITR12T via eFiling. However, if the trusts in the latter case are not registered, the representative/Tax practitioner must visit a SARS branch to have the return captured.

Need help?

To access this page in different languages click on the links below:
Last Updated: 27/06/2019 1:40 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

 Top FAQs

​​How is income on a trust taxed?
A trust is taxed at 40%, but a special trust is taxed at a sliding scale from 18% to 40%. A Special ‘Type A Trust’ should apply at the SARS branch for classification as it qualifies for certain relief from Capital Gains Tax.

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.

I am getting an error message on submission of trust return, “The information provided does not seem to be correct. Please correct. HINT: There must be a corresponding income source code on the return”?
The income source codes selected in the ‘Trust Participant Schedules’ under section ‘Details of Taxable amounts distributed to / vested in beneficiaries or taxable i.t.o. s7 or par. 68 – 72 of the Eighth schedule

What are the channels to submit my ITR12T return?
You can submit your ITR12T return via one of the following channels:- eFiling if you are a registered eFiler. :-The drop boxes at the SARS branches where the completed return can