Before you start
You will need to check on eFiling that all the details that we have on your Trust are correct.
Before completing your ITR12T, make sure 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 that the information is correct. For more information, please consult the current guides, Step by Step Guide to complete your Trust return via eFiling and the Comprehensive Guide to the Income Tax return 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 need to be completed and sent with the ITR12T, if the Trust:
- Was involved in mining or mining operations as defined in section 1 of the Income Tax Act, complete GEN-001 – Mining Schedule.
- Held, with any connected person to the Trust (e.g. a Trust beneficiary), at least 10% of the rights or voting rights in any Controlled Foreign Company (CFC), complete the:
Please note: A function will be available on eFiling to upload the supporting schedules.
Top Tip: The relevant material (supporting documents) used to complete the ITR12T, must be kept for a period of five years.
How to submit the ITR12T?
- 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 complete the required fields before going to the branch.
When and how to complete the ITR12T?
Depending on how you submit your ITR12T to SARS, be sure you know the due date. Income tax returns for Trusts must be submitted in accordance with the dates outlined in the annual Public Notice. These dates for the 2024 year of assessment are from 16 September 2024 to 20 January 2025. These dates are applicable to both provisional and non-provisional taxpayers.
Need help?
- Read more on the types of Trusts.
- Read more on how to register as a Trust.
- Call the SARS Contact Centre on 0800 00 SARS (7277).
- Visit your nearest SARS branch.
Related Documents
GEN-001 – Mining Schedule – External Form
IT-AE-36-G02 – Comprehensive Guide to the Income Tax return for Trusts – External Guide
IT-AE-37-G02 – Step by Step Guide to complete your Trust return via eFiling – External Guide
IT10A – Controlled Foreign Company Prior 2012 – External Form
IT10B – Schedule Controlled Foreign Company 2012 Onward – External Form
IT144 – Declaration by Donor – External form
IT44 – Extract of Income – External Form
SPPOA – Special Power of Attorney – External Form
TPPOA – Special Power of Attorney to Tax Practitioner – External Form
Frequently Asked Questions
FAQ: 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), will I be able to continue completing the ITR12T?
The registered details of the Trust must first be confirmed,...
Read MoreFAQ: Will the income statement of the Trust be required, when completing the Income Tax Return for Trusts (ITR12T)?
The income statement of the Trust will only be needed...
Read MoreFAQ: What amount should be completed as the “Total value of the outstanding loans granted by the Trust” on the Income Tax Return (ITR12T)?
The total outstanding loan amount for the specific tax year...
Read MoreFAQ: When must an income tax reference number be completed on the Income Tax Return for Trusts (ITR12T) for a beneficiary?
For beneficiary taxpayers, whether individuals, companies, or Trusts, the income...
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