For the 2025/2026 tax season, SARS has confirmed that trust tax submissions open on 20 September 2025 and close on 19 January 2026 for all electronic filings via eFiling or the SARS MobiApp.
Trusts follow the same year of assessment as individuals — from 1 March to end February — but their filing season opens later in the year.
💰 What Trusts Need to File
Trusts are required to submit an IT12TR income tax return each year, disclosing:
All trust income (local and foreign),
Capital gains, and
Distributions made to beneficiaries.
Accurate reporting ensures the trust and beneficiaries are taxed correctly and avoids double taxation.
✅ Tips for a Smooth and Compliant Submission
Start early — gather financial documents and beneficiary records before September.
Maintain detailed records — keep updated bank statements, ledgers, and supporting documents.
Reconcile distributions — ensure all beneficiary payments and allocations are clearly tracked.
Use a qualified accountant — professional assistance helps prevent common filing errors.
Submit before 19 January 2026 — avoid penalties for late submissions.
🌿 Final Thought
Trust tax compliance can be complex, but with good preparation and professional support, it becomes simple and stress-free.
📧 Need help with trust tax submissions or financial record-keeping?
Email us at info@greenleafaccountants.co.za — Green Leaf Accounting helps trustees stay compliant, organised, and financially confident.