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  • 北京赛车pk10输的多吗:THE INCOME TAX RETURN FOR TRUSTS (ITR12T)

    ?What's New?

    • 北京赛车pk10技巧 www.zzff8.com 17 September 2018 - Enhancements to the Income Tax Return for Trusts (ITR12T)
      On 17 September 2018, SARS implemented several changes to the Income Tax Return for Trusts (ITR12T) in respect of the year of assessment ending on 28 February 2018. The changes are part of SARS’s ongoing efforts to promote efficiency and compliance. If you saved or submitted your 2018 ITR12T prior to the implementation of the latest changes, none of the new fields will be presented for completion. The contents of the return are fully customisable, based on answers to certain questions presented to you for completion. Read more on the changes.

    • 7 March 2018 -?Grace period for the submission of the new IT10B schedule for Controlled Foreign Companies (CFC)

      On 26 February 2018, the old IT10B Adobe PDF schedule was replaced with a simplified MS Excel IT10B schedule. The new schedule enables taxpayers to declare all CFC information for years of assessment 2012 onwards in one consolidated schedule that does not exceed the file upload limitation on the SARS eFiling.

      In order to accommodate taxpayers who have already prepared their CFC information in the old schedule, SARS will grant all taxpayers a grace period in which the old schedule will be accepted as a valid supporting document for all income tax return submissions prior to 1 June 2018. The limitation of uploading only the first 10 schedules as supporting documents to the income tax return, in cases where there are more than 10 CFCs, will remain applicable in respect of the old schedule. SARS, however, urges taxpayers who have not yet started preparing their CFC information to make use of the simplified MS Excel IT10B schedule.

      From 1 June 2018 all taxpayers who, together with any connected person, held at least 10% participation rights in any CFC must complete the CFC information in the new IT10B schedule. The new IT10B schedule must be uploaded as a supporting document in respect of CFCs for all income tax returns submitted from 1 June 2018 onwards.?

    What is a Trust?

    The Income Tax Return for Trusts is called the Income Tax Return for Trust (ITR12T).?

    How will I get the ITR12T?

    The form (ITR12T) is available on eFiling or may be captured at a SARS branch on behalf of the representative/Tax Practitioner of the trust (see section on “How to submit the ITR12T”).
    ?
    An?example of the new ITR12T form?is available for downloading. Should you visit a SARS branch for capturing, you’ll need to fill it in before going to the branch. For more information on how to complete ITR12T, click here.
    ?
    Top Tip: Asking for the ITR12T to be posted to you will no longer be an option and trust returns received via post will be rejected.?
    ?

    How to submit the ITR12T?

    You can submit the ITR12T via the following channels:

    • eFiling: Taxpayers who have not yet registered for eFiling you are encouraged to do so as this will enable you to complete and submit the return online in a secure environment.
    • SARS branch: If you are representing a trust with ten or fewer beneficiaries you have the option to have the ITR12T return captured by an agent at the branch. Please print the return and complete all the required fields prior to visiting the branch. You can download the ITR12T return from the eFiing. SARS branches will no longer print the ITR12T.

    Any trust which had made taxable amounts distributed to / vested in more than 10 beneficiaries at any time during the year of assessment (YOA) must register and submit the ITR12T via eFiling.?

    Any trust which had made taxable amounts distributed to/vested in less than 10 beneficiaries may register and submit the ITR12T via eFiling. However, if the trusts in the latter case are not registered, the representative/Tax practitioner must visit a SARS branch to have the return captured.

    Need help?

    To access this page in different languages click on the links below:
    Last Updated: 31/10/2018 4:14 PM     print this page ?
    SARS eFiling eFiling Login eFiling Register Now eFiling Forgot Password eFiling Forgot Username E@syFile
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    ?Top FAQs

    ??How is income on a trust taxed?
    A trust is taxed at 40%, but a special trust is taxed at a sliding scale from 18% to 40%. A Special ‘Type A Trust’ should apply at the SARS branch for classification as it qualifies for certain relief from Capital Gains Tax.

    When selecting No to the first question “Have the banking, contact and trustee details been confirmed and verified” on the Income Tax Return for Trust (ITR12T), I am unable to continue filling in the ITR12T?
    The registered details of the trust must first be confirmed, in order to complete the ITR12T. To do this either:

    When must an income tax reference number be filled in on the Income Tax Return for Trust (ITR12T) for a beneficiary?
    An income tax reference number must be filled for a Trust/Company that is a beneficary. The income tax reference number for an individual is optional, as in some cases a tax reference number isn't available.

    I am getting an error message on submission of trust return, “The information provided does not seem to be correct. Please correct. HINT: There must be a corresponding income source code on the return”?
    The income source codes selected in the ‘Trust Participant Schedules’ under section ‘Details of Taxable amounts distributed to / vested in beneficiaries or taxable i.t.o. s7 or par. 68 – 72 of the Eighth schedule

    What are the channels to submit my ITR12T return?
    You can submit your ITR12T return via one of the following channels:- eFiling if you are a registered eFiler. :-The drop boxes at the SARS branches where the completed return can




  • 高德置地广场荣获RICS China Awards 2018三项殊荣 2019-04-22
  • 【科普探长】地震自救12秒求生指南 2019-04-07
  • 深交所发布试点创新企业股票或CDR上市交易实施办法 2019-04-07
  • 歪歪楼视频来了 重庆百米高楼歪而不倒 2019-04-03
  • 【水到渠成共发展】牙白了 水甜了 幸福生活到来了 2019-04-03
  • 世界杯这支"中国队"来啦 从实力看至少能进四强 2019-03-31
  • 拼多多:你的梦想难道是成为下水道吗(原创首发) 2019-03-31
  • 网友投诉扰民 绍兴环保局回复"正吃切糕呢" 2019-03-29
  • 【理上网来·辉煌十九大】普京评中共十九大报告:中国着眼未来前景非凡—国际在线移动版 2019-03-28
  • 人民网评:留下休养生息的时间和空间 2019-03-28
  • 他们可以把收废品、快递、环卫、物业等等组织起来“抢单”······ 2019-03-25
  • 金融科技的下一个风口 2019-03-21
  • 中文观潮:CBA“球鞋风波”为何难以平息 2019-03-21
  • 人民日报评论员:携手创造更加光明的美好未来 2019-03-20
  • 去杠杆之问:货币供应惯性能不能停?怎么停? 2019-03-17