Trusts

This tax season marks an important shift for trusts, which are now subject to heightened reporting requirements, regardless of activity, as well as automated penalties for non-compliance starting on 4 May 2026.
If you have a non-compliant trust, even if it is inactive, please speak to us. SARS has taken a zero-tolerance approach to trust compliance, increasing scrutiny of trust administration and automatically applying ongoing penalties and interest that can rapidly accumulate.