19 August 2025 – The following updates apply to the completion of ITR12 returns:
- Antedated salary/pension – From the 2025 year of assessment onward, if source code 3623/3673 (for ‘antedated salary/pension’ paid for past years of assessment) is completed in the income section of the IRP5 certificate, the directive number will be mandatory.
- Exempt Local Dividends – Source code 4306 will only display next to the ‘Exempt Local Dividends’ field from the 2025 year of assessment onwards
- Exempt Foreign Dividends – Source code 4307 will only display next to the ‘Exempt Foreign Dividends’ field from the 2025 year of assessment onwards
- Capital Gains Tax – if a taxpayer is in a partnership and there was a disposal of partnership assets during the year of assessment, the taxpayer is only required to declare his/her own portion of the proceeds and base cost on the ITR12 return tax return.
- Return Type for Foreign Nationals – On 26 July 2025, a system change was implemented to issue a ‘resident’ ITR12 by default to all taxpayers classified as foreign nationals. If a foreign national requires a “non-resident” ITR12 return to be issued, the Non-resident Tax Return Type icon on the SARS Online Query System (SOQS) function must be used to request SARS to issue the correct return type for completion.
See the updated IT-AE-36-G05 – Comprehensive Guide to the ITR12 Income Tax Return for Individuals – External Guide for more information.
