Third Party Data submission at a glance

The table below will give you an overview of the different third party data types:

Data	Who to submit	What to submit	How to submit	When to submit
IT3(t)	Representative taxpayers (trustees) Tax practitioners Trust representatives	Amounts vested to beneficiaries of Trusts in a year of assessment (irrespective of whether the amount vested was paid or credited on loan account in favour of the beneficiary) Or Amounts vested to beneficiaries but where the amount is subject to a donation, settlement or other disposition and the donor is to be taxed on the amounts. ((irrespective of whether the amount vested was paid or credited on loan account in favour of the beneficiary)	eFiling, HTTPS or Connect Direct for data submission. See the BRSs and submission dates table here.	Annually; as per the date in the annual notice. See the BRSs and submission dates table here.
IT3(d)	Approved Section 18A tax exempt institutions	Section 18A tax deductible receipts issued data, which includes information on the S18A approved tax exempt institution, donor information and donation information. Prerequisites for submission: Tax exempt institution (EI) to be registered on eFiling EI Registered Representative to be updated on eFiling Activation of submission of IT3(d) on EI profile	eFiling, HTTPS or Connect Direct for data submission. See the BRSs and submission dates table here.	Annually; as per the date in the annual notice. See the BRSs and submission dates table here.
IT3(b)	Attorneys Co-operative Banks Banks (including Mutual Banks) Estate agents Long-term insurers Postbank State-owned companies that issue bonds, debentures or financial products Organs of state (including the government in the national, provincial and local sphere) that issue bonds or similar financial products Listed companies that issue bonds, debentures or similar financial products Pension funds Collective investment schemes etc.	Amounts that became due or payable or were paid or received in respect of, or by way of any investment, rental of immovable property, interest or royalty and Transactions that are recorded in an account maintained for another person i.e. transactional accounts like bank accounts	eFiling, HTTPS or Connect Direct for data submission eFiling to submit declaration For more information on IT3 (b), view the IT3 Data Submission External BRS.	Every six months: 6 month submission: March – 31 August (Submissions close by 31 October) Full year submission: 1 March – 28/29 February (Submissions close by 31 May)
IT3(c)	Banks (including Mutual Banks) Postbank Financial Institutions Co-operative Banks Long-term insurers Pension funds Collective investment schemes Organs of state (including the government in the national, provincial and local sphere) that issue bonds or similar financial products Listed companies that issue bonds, debentures or financial products State-owned companies that issue bonds, debentures or financial products etc.	Amounts paid in respect of the purchase and disposal of financial instruments.	eFiling, HTTPS or Connect Direct for data submission eFiling to submit declaration For more information on IT3 (c), view the IT3 Data Submission External BRS.	Every six months: 6 month submission: 1 March – 31 August (Submissions close by 31 October) Full year submission: 1 March – 28/29 February (Submissions close by 31 May)
IT3(e)	Co-operatives including any person who purchases livestock, produce, timber, ore, mineral or precious stones from a primary producer other than for retail purposes etc.	Monies paid in respect of a purchase, sale, or shipment of livestock, produce, timber, ore, mineral, precious stones, or by way of a bonus.	eFiling, HTTPS or Connect Direct for data submission eFiling to submit declaration For more information on IT3(e), view the IT3 data submission External BRS.	Submissions are done every six months: 6 month submission: 1 March – 31 August (Submissions close by 31 October) Full year submission: 1 March – 28/29 February (Submissions close by 31 May)
IT3(s)	Co-operative Banks Banks (including Mutual Banks) Long-term insurers Collective investment scheme managers Government (national sphere) etc.	General account demographics and financial values. In addition the Contributions, Transfers In, Transfers Out and Withdrawal according to the rules of the relevant BRS. Amounts received by or accrued to a natural person in respect of a tax free investment	eFiling, HTTPS or Connect Direct for data submission eFiling to submit declaration For more information on IT3 (s), view the IT3 data submission External BRS.	Every six months: 6 month submission: 1 March – 31 August (Submissions close by 31 October) Full year submission: 1 March – 28/29 February (Submissions close by 31 May)
IT3(f) Insurance	Long-term insurance companies etc.	All Retirement Annuity contributions made by the member, for the year of assessment.	HTTPS or Connect Direct for data submission eFiling to submit declaration For more information on IT3 (f), kindly view the Insurance Payments External BRS.	Every six months: 6 month submission: 1 March – 31 August (Submissions close by 31 October) Full year submission: 1 March – 28/29 February (Submissions close by 31 May)
IT3(f) Medical	Medical Schemes etc.	All medical contributions made by the member for the year of assessment. Included in the record should be: all expenses not covered by the medical aid, number of dependants	HTTPS or Connect Direct for data submission eFiling to submit declaration For more information on IT3 (f) view the Medical Scheme Contributions External BRS on the Third Party data submission landing page.	Every six months: 6 month submission: 1 March – 31 August (Submissions close by 31 October) Full year submission: 1 March – 28/29 February (Submissions close by 31 May)
AEOI (FATCA)	Reporting South African Financial Institutions as defined in the Inter-governmental Agreement e.g. the financial institutions (FI’s) covered by the IGA means Custodial Institutions, Depository Institutions, Investment Entities and Specified Insurance Companies.	The financial information to be reported with respect to U.S. Reportable Accounts includes interest, dividends, and account balance, income from certain insurance products, sales proceeds from financial assets and other income generated with respect to assets held in the account or payments made with respect to the account. Reportable accounts include accounts held by individuals and entities (which includes trusts), and the IGA includes a requirement to look through passive entities to report on the relevant Controlling Persons.	HTTPS or Connect Direct for data submission For more information on AEOI-FATCA, view the Automatic Exchange of Information External BRS.	Once a year: For the full year 1 March to 28/29 February – by 31 May.
AEOI (CRS)	For purposes of the CRS, Financial Institutions resident in SA (referred to as Reporting Financial Institutions or RFIs) that must apply the prescribed due diligence requirements to find reportable accounts and report the prescribed information, include any Financial Entity (whether a legal entity or legal arrangement such as a trust or partnership) that is a Custodial Institution, a Depository Institution, an Investment Entity, or a Specified Insurance Company. Certain Financial Institutions or financial accounts are specifically excluded under the CRS. The CRS Regulations give a generally description of exclude FIs or accounts and specific exclusions are listed in Annex 1 and Annex 2 to the regulations.	For the CRS, the information required for account reporting is described in Section I of the CRS Regulations.	HTTPS or Connect Direct for data submission For more information on AEOI CRS, view the CRS Common Reporting Standard.	Once a year: For the full year 1 March to 28/29 February – by 31 May.
WTI (part of IT3(b)	Any person who pays an amount of interest to or for the benefit of a foreign person, to the extent that it is regarded as being from a source in South Africa.	Data as per the Withholding tax on interest return (WT002)	eFiling, HTTPS or Connect Direct for data submission eFiling to submit declaration For more information on WTI view the IT3 data submission External BRS.	Every six months: 6 month submission: 1 March – 31 August (Submissions close by 31 October) Full year submission: 1 March – 28/29 February (Submissions close by 31 May) See the WTI page for first year submission rules
Dividends Tax	South African tax resident companies; Foreign companies whose shares are listed on the JSE; or Regulated intermediaries (as defined in section 64D(1)) Insofar as they (other than a headquarter company) pay a “dividend” as defined in section 64D(1), which includes dividends and foreign dividends.	Dividends Tax is payable by the beneficial owner of the dividend, but is withheld from the dividend payment and paid to SARS by a withholding agent. The person liable for the tax, however, remains ultimately responsible to pay the tax should the withholding agent fail to or withhold the incorrect tax. An exception to this general principle is where a dividend consists of a distribution of an asset in specie, resulting in the liability for the tax falling on the company itself (such as with STC), which means that it may not withhold the tax from the dividend payment.	eFiling (DTR01 form) HTTPS, Easy File or Connect Direct For more information on DWT view the Administration of Dividends Tax BRS.	Submission done monthly if dividend declared.

Note:

1) In the ‘Who must submit’ column, the list of entities include the companies listed but may in some cases not be limited to the list. in the case of IT3(s) and Dividends Tax, the list is limited to the entities mentioned.

Table of Contents