Do I need to submit a return if my Trust made no distributions during the year of assessment (YOA)? Further, if a NIL return will be required from 2025 – will the notice to submit third party returns incorporate this requirement?

R0 returns are not required for the IT3(t) submissions for the 2024 year of assessment. It is currently envisaged that, for the 2025 year of assessment, SARS may require R0 vestings to be reported on. However, the final decision on the requirement to submit, will be published in the third-party annual notice.