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Understanding Provisional Tax Compliance for Trusts in a Heightened Enforcement Environment

Understanding Provisional Tax Compliance for Trusts in a Heightened Enforcement Environment South African trusts are entering one of the most

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Trusts Under the Microscope: SARS Steps Up Enforcement on Non-Compliance

Trusts Under the Microscope: SARS Steps Up Enforcement on Non-Compliance The South African Revenue Service (SARS) has reported a recent

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SARS Sharpens Focus on Trusts and NPOs: Why IT3(d) and IT3(t) Submissions Cannot Be Delayed

SARS Sharpens Focus on Trusts and NPOs: Why IT3(d) and IT3(t) Submissions Cannot Be Delayed In its effort to meet

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SARS is coming down hard on taxpayers – but there is some good news for trusts

Luckily for trusts caught in the net, though, the taxman is now opening up automated dispute services via eFiling to

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SARS is closing in on trusts in South Africa

SARS has come up with a new form of reporting called IT3(t) that encompasses the passing on of more information

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Critical tax deadline fast approaching – a first for South Africa

Critical tax deadline fast approaching – a first for South Africa Section 18A-approved Public Benefit Organisations (PBOs) must start sending

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Trusts with outstanding tax returns can face SARS penalties sooner than later

Presenting at a webinar about preparations for the looming trust tax filing deadline, Fletcher said the expected penalties for non-submission

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New SARS rule targets the tax deductibility of your donations

The key to this claim is a so-called section 18A certificate. This is the document issued by a PBO, which

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Trusts – tax compliance with SARS

Trusts tax compliance with SARS Historically, the filing season for trust taxpayers was aligned with that of individual taxpayers. However,

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Trust tax compliance – avoiding SARS penalties

Trust tax compliance – avoiding SARS penalties After years of threatening non-compliant trusts with penalties for late tax return submissions,

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Is your trust compliant with Sars? Here is what you need to know

Is your trust compliant with Sars? Here is what you need to know On 4 June 2024, the South African

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New tax dates for trusts in South Africa

New tax dates for trusts in South Africa The South African Revenue Service (SARS) has announced the dates for tax

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SARS Gazettes New Era For Trusts, Aiming At Trustees And Beneficiaries

SARS Gazettes New Era For Trusts, Aiming At Trustees And Beneficiaries On 30 June 2023, in a Gazetted public notice,

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Generous Xmas gifts and donations can trigger tax obligations

Generous Xmas gifts and donations can trigger tax obligations Not to dampen anyone’s excitement, but the more than generous Christmas

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NPOs should not risk their S18A status, leaving their donors in the lurch

NPOs should not risk their S18A status, leaving their donors in the lurch If you are a Section 18A approved

Thousands of NPOs Deregistered: Is Your Organisation Next?

Thousands of NPOs Deregistered: Is Your Organisation Next? More than 6,000 non-profit organisations (NPOs) in South Africa have been deregistered