Your Trust. Fully Compliant.

Tailored SARS-compliant tax solutions for trustees and professionals

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Why Trust Taxation Is
Important Now?

As of 2023, SARS enforces tighter compliance across all trust types. Failure to meet updated obligations can result in audits or penalties. Staying informed on regulatory shifts is essential for trustees to act decisively and protect their financial position.

How are Trusts taxed in
south africa?

Trusts may be taxed at a flat 45% rate or at the beneficiary’s marginal tax rate, depending on income distribution. Understanding and structuring this distribution properly helps minimise tax burdens and ensures compliance with evolving SARS frameworks.

What is required under
south africa's trust tax laws.

SARS now imposes stricter oversight on trusts, focusing on transparency, accountability, and accurate reporting. Our expert team supports trustees in adapting to these shifts with tailored, compliant strategies that meet every regulatory demand.

Why Trust Taxation Is
Important Now?

As of 2023, SARS enforces tighter compliance across all trust types. Failure to meet updated obligations can result in audits or penalties. Staying informed on regulatory shifts is essential for trustees to act decisively and protect their financial position.

How are Trusts taxed in
south africa?

Trusts may be taxed at a flat 45% rate or at the beneficiary’s marginal tax rate, depending on income distribution. Understanding and structuring this distribution properly helps minimise tax burdens and ensures compliance with evolving SARS frameworks.

What is required under
south africa's trust tax laws.

SARS now imposes stricter oversight on trusts, focusing on transparency, accountability, and accurate reporting. Our expert team supports trustees in adapting to these shifts with tailored, compliant strategies that meet every regulatory demand.

trust tax services

Trust Tax
Return Submission

We prepare and file both annual trust tax returns and bi-annual provisional tax returns, tailored to your trust type. SARS now actively penalizes late or incorrect submissions — and our systems ensure full compliance.

Financial Statements & Administrative Schedules

Accurate financial reporting is essential for trust tax compliance. We prepare your Annual Financial Statements or Trust Administration Statements to reflect income, assets, distributions, and activities in a SARS-compliant format.

Beneficial Ownership Register Management

We help you compile and submit your beneficial ownership register — now required for submission to both the Master of the High Court and SARS. This is a key part of trust transparency and trust tax law adherence.

IT3(t) and IT3(d) Reporting

Trusts are now considered third-party data providers to SARS. We handle IT3(t): For reporting capital gains and income vested in beneficiaries or linked parties (e.g., donors or loan holders) and IT3(d): For PBO trusts reporting donor information and qualifying donations.

For basic tax information like your tax number, IRP5 details, and contributions to medical aid and retirement annuity funds, auto assessments, SARS refunds and general SARS queries, please visit the SARS e-filing portal. Contact the SARS call center on 0800 00 7277 or visit their website for further assistance.

For general trust-related queries, kindly complete the form below and a specialist will be in touch.

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John-Paul Fraser

Tax Attorney, Admitted Attorney, BCom (Law), LLB at TAX CONSULTING SOUTH AFRICA

John-Paul is employed at Tax Consulting South Africa and is an Admitted Attorney of the High Court of South Africa, having completed his BCom Law Degree LLB Degree. He is in the process of completing his Masters in Business Administration (MBA) through the University of Suffolk in England. John-Paul specialises in cross-border taxation and has found a passion in the technicalities and relief offered under the international legal framework ensuring that tax treatment of income and assets are correctly allocated to the relevant tax jurisdictions.

Keri Culver

Senior Immigration Consultant at Xpatweb

Keri has dedicated the past eight years to the immigration industry, gaining extensive experience in Canadian, South African, Australian, EU, UK, African, and Mauritian visa processes. She manages a large corporate client portfolio, ensuring tailored solutions for businesses and individuals alike. Her comprehensive knowledge, combined with her extensive travels, enables her to provide personalised and effective immigration strategies to clients worldwide. Keri takes pride in delivering exceptional client service, ensuring every individual’s journey through immigration is smooth and efficient.