27/05/2026
π¨ SARS Trust Penalties Starting π¨
From 4 May 2026, SARS may impose administrative penalties for the late or non-submission of ITR12T Trust Tax Returns.
β³ Monthly penalties can continue accumulating until all outstanding returns are submitted.
β
Trustees should ensure that:
β’ All trust tax returns are submitted
β’ SARS registered details are up to date
β’ Compliance obligations are met on time
Need assistance with trust compliance? Contact us today.