12/08/2022
REMINDER: Trust 2022 Filing Season - Provisional vs non-provisional taxpayers:
Members are reminded that in terms of public notice 2130 (https://bit.ly/3OWKRfs) which specifies the persons to submit income tax returns for the 2022 tax year and the periods for submission, the filing periods for Trusts are as follows:
• Trusts that are not registered for Provisional Tax - 1 July 2022 to 24 October 2022; and
• Trusts that are registered for Provisional Tax - 1 July 2022 to 23 January 2023.
We have received a number of questions from members regarding whether a Trust can be a non-provisional taxpayer. Read our Tax Alert (https://bit.ly/3vA83sW) for guidance on this issue.
SAICA - The South African Institute of Chartered Accountants