Due to delays experienced by Trusts who are deregistering at the Masters office, deregistration at SARS is prevented. Further distributions of income will not be possible at this point. Can these Trusts be excluded from the IT3(t) SARS submission event?

SARS is aware of the delays being experienced at certain offices of the Master of the High Court (MOHC). For the 2024 year of assessment, SARS will not issue penalties for the late- or non-submission of an IT3(t) return. These Trusts will thus not be prejudiced during the final deregistration process at SARS, provided that the Trust is deregistered for tax purposes prior to the 2025 year of assessment filing date. Also note that SARS will be engaging the MOHC in an effort to find a solution for the ongoing delays in their processes.