Trusts Must Submit Final Demand Issued—Penalties Incoming

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If you thought your dormant trust was under the radar, think again. SARS has issued a final compliance warning to all trusts, active or passive, that haven’t submitted their 2024 and 2025 income tax returns.

In a public notice issued on 6 February, SARS confirmed it will soon impose administrative penalties in terms of section 210(2) of the Tax Administration Act. Trustees are fully responsible for ensuring trust details are current on the SARS RAV system and for initiating deregistration where relevant.

No exceptions. No extensions. Whether your trust has been busy or silent, non-compliance will cost you.

🔎 Trustees: Now’s the time to double-check your filings and act before penalties land.

📄 Read the full SARS notice here.