Tax Shop Outeniqua

14/09/2026

Is Your Trust SARS Compliant?

SARS is placing increasing focus on trust compliance, and trustees need to ensure that their trust affairs are fully up to date.

Administrative non-compliance penalties may now be imposed where ITR12T returns are outstanding, and these penalties may recur monthly until the non-compliance is corrected.

SARS has specifically indicated that this applies to outstanding trust returns from the 2024 year of assessment onwards.

South African Revenue Service
Trustees also carry responsibility for ensuring that the trust's SARS information, including RAV details, is accurate and up to date. Importantly, even passive or dormant resident trusts may still have annual filing obligations.

Submitting the return is only one part of compliance. Trustees must also ensure that income is treated correctly.

This includes properly distinguishing between:
income retained in the trust;
amounts validly vested in beneficiaries;
capital receipts versus taxable income;
rental, interest, dividends and other taxable income; and
amounts that may be subject to attribution or other trust-specific tax rules.

Trustee resolutions, beneficiary schedules and the accounting records should all support the tax treatment reflected in the ITR12T.

Key 2026 trust dates
For the current trust filing cycle:
19 September 2026 – ITR12T filing opens

30 September 2026 – IT3(t) submissions due

22 January 2027 – final ITR12T filing deadline

28 February 2027 – second provisional tax payment for the 2027 year

What trustees should do now:

Trustees should review whether all returns have been submitted, whether any penalties have already been raised, whether beneficiary reporting is correct, and whether the trust's taxable income has been treated properly.

At Tax Shop Outeniqua, we can assist with trust compliance reviews, outstanding ITR12T returns, penalty reviews, IT3(t) reporting, RAV updates, provisional tax, beneficiary distributions and the correct treatment of trust income.

Avoid unnecessary penalties and deal with trust compliance proactively.

Book a Trust Compliance Review today.
083 703 5705
[email protected]
www.taxshopouteniqua.co.za

12/09/2026

Running a business is demanding enough without constantly worrying about whether your bookkeeping is up to date, your payroll is correct, your cash flow is under control, your B-BBEE requirements are being managed properly, or whether SARS is going to become your next headache.

At Tax Shop Outeniqua, we work closely with small business owners, medical practitioners, franchisees and owner-managed businesses that need practical, hands-on financial support.

Carla brings specialised experience in medical practices, bookkeeping and payroll administration, while Morné combines tax and accounting expertise with practical business experience as an owner of multiple franchises and diversified businesses, together with senior corporate financial management experience in the manufacturing environment.

We work with systems such as PaySpace Payroll, QuickBooks and Xero and can assist with:

• Bookkeeping and monthly accounting
• Payroll administration and PAYE compliance
• Cash flow management and forecasting
• Management accounts and financial reporting
• VAT, income tax and provisional tax
• B-BBEE support and compliance
• Business structuring and financial controls
• Fractional CFO / Financial Manager support
• Budgeting, profitability analysis and working capital management

Our approach is not simply to process transactions. We want to help business owners understand what the numbers are telling them, improve financial controls, manage cash flow better and make stronger business decisions.

Whether you need us to take over your full bookkeeping and accounting function or simply require an experienced financial professional to support your business on a fractional basis, we can structure a solution around your needs.

Tax Shop Outeniqua
Accounting | Tax | Payroll | Financial Management | Business Advisory

📍 Earls Court Corner, George
📞 083 703 5705
✉️ [email protected]
🌐 www.taxshopouteniqua.co.za

Your business deserves more than compliance. It deserves financial insight.

16/08/2026

🚨 SARS IS INCREASING ITS FOCUS ON TRUSTS — IS YOUR TRUST COMPLIANT?

A recent Daily Investor article, “South Africans with trusts are next on the SARS chopping block”, highlights the growing compliance risk facing trusts in South Africa. SARS wants trusts to be fully compliant, and even trusts that are inactive, have no taxable income, or have already been closed with the Master may still create problems if their SARS affairs have not been properly finalised.

The article specifically warns that a trust deregistered with the Master of the High Court is not automatically deregistered with SARS. If SARS still reflects the trust as active, outstanding returns and administrative penalties may follow.

At Tax Shop Outeniqua, we specialise in helping trustees make sure their trusts are properly structured and compliant.

✅ Is the trust correctly registered with SARS?
✅ Are all ITR12T trust income tax returns up to date?
✅ Are SARS records and registered details correct?
✅ Is beneficial ownership information properly maintained?
✅ Have distributions or amounts relating to beneficiaries been correctly dealt with for tax purposes?
✅ If the trust has been closed, do you have proof that it was also properly deregistered with SARS?
✅ Are there any outstanding penalties, returns or compliance issues that need to be corrected?

The message from the article is simple: don’t assume that someone else has taken care of it. Trustees and people involved with trusts should confirm the position before SARS identifies the problem first.

📌 Tax Shop Outeniqua can conduct a Trust Compliance Review and help you identify and correct outstanding issues.

📞 083 703 5705
📧 [email protected]

More than filing — trusted tax and business advice.

10/08/2026

💰 Got a SARS refund?

Don’t just spend it — make it work harder.

Your tax refund isn’t really a bonus. It’s your money being returned to you.

Consider using it to:
✅ Pay off expensive debt
✅ Invest for your future
✅ Build an emergency fund

And while you’re at it, ask whether your tax affairs are properly structured for the year ahead.

At Tax Shop Outeniqua, we don’t only help you file your return — we help you understand your tax position, identify legitimate deductions and plan more effectively.

🟠 A refund is good. Proactive tax planning is better.

Need help with your 2026 tax return or tax planning?
📞 083 703 5705
📧 [email protected]
Tax Shop Outeniqua – professional tax advice you can understand

16/07/2026

A tax return should do more than simply report what already happene.

Consider this example using illustrative figures:

A taxpayer earns R700,000 per year, holds significant money in discretionary savings, earns interest above the annual exemption, contributes only R45,000 to a retirement annuity and has an outstanding home loan.
The tax return may be technically correct.
But is the financial structure efficient?

A proper review may identify that the taxpayer could potentially:
contribute more towards retirement and reduce taxable income;
receive tax relief at their marginal tax rate;
make better use of tax-free savings;
reduce taxable interest earned in discretionary accounts;
place surplus cash into an access bond to reduce interest costs;
balance liquidity, retirement growth and tax efficiency more effectively.

For example, an additional qualifying retirement contribution of R120,000 could potentially reduce tax by more than R40,000, depending on the taxpayer’s marginal rate and personal circumstances.

That is the difference between simply submitting a tax return and providing meaningful tax and financial planning.

A good tax adviser should not only ask:

“What documents do we need to submit?”
They should also ask:
“Why is your money structured this way, and is there a more tax-efficient approach?”

At Tax Shop Outeniqua, we look beyond compliance.

We review our clients’ broader financial position, taxable income, retirement funding, tax-free investments, discretionary savings and debt structures to identify practical opportunities to reduce tax legally and improve long-term financial outcomes.

Because we understand the value of our clients’ money just as carefully as we value our own.

Tax filing records the past.

Good tax planning helps shape the future.

Contact Tax Shop Outeniqua for a tax-efficiency and financial-structure review.

Note: The figures above are illustrative only. Tax outcomes depend on each taxpayer’s personal circumstances and applicable legislation.

05/07/2026

The 2026 Tax Season Opens!

Experience the Power of Done.

https://shorturl.at/ewOvP

05/07/2026

Tax Season 2026: Do not leave your tax affairs to chance.
SARS compliance is becoming increasingly data-driven, and taxpayers should not simply accept an auto-assessment or submit a return without proper review.
Whether your tax affairs are simple, provisional, business-related, investment-based, or linked to rental income, proper tax advice and structuring can make a meaningful difference.
At Tax Shop Outeniqua, we assist individuals, business owners, professionals, landlords, investors and provisional taxpayers with reviewing their full tax position, verifying SARS information, identifying valid deductions, and ensuring returns are submitted correctly and on time.
Good tax compliance is not only about filing a return. It is about making sure your income, deductions, disclosures and supporting documents are accurate, complete and properly structured.
Sound advice. Smart structuring. Accurate submission.
Contact Tax Shop Outeniqua for professional tax support this filing season.
📞 083 703 5705
📧 [email protected]

Tax Season Solution

05/07/2026

Tax Season 2026: Do not leave your tax affairs to chance.

SARS compliance is becoming increasingly data-driven, and taxpayers should not simply accept an auto-assessment or submit a return without proper review.

Whether your tax affairs are simple, provisional, business-related, investment-based, or linked to rental income, proper tax advice and structuring can make a meaningful difference.

At Tax Shop Outeniqua, we assist individuals, business owners, professionals, landlords, investors and provisional taxpayers with reviewing their full tax position, verifying SARS information, identifying valid deductions, and ensuring returns are submitted correctly and on time.

Good tax compliance is not only about filing a return. It is about making sure your income, deductions, disclosures and supporting documents are accurate, complete and properly structured.

Sound advice. Smart structuring. Accurate submission.
Contact Tax Shop Outeniqua for professional tax support this filing season.
📞 083 703 5705
📧 [email protected]

30/06/2026

SARS is becoming smarter — your tax compliance should too.

SARS is increasingly using third-party data, auto-assessments, digital records, risk profiling and AI-supported systems to identify mismatches and non-compliance faster than ever before.

This means taxpayers should not simply accept auto-assessments without checking them, and businesses should make sure their VAT, PAYE, income tax, payroll, accounting records and bank transactions all reconcile properly.

At Tax Shop Outeniqua, we help clients move from reactive tax compliance to proactive tax planning, proper recordkeeping and risk management.

Do not wait for SARS to find the problem first.

Tax Shop Outeniqua
Professional tax, accounting and compliance support.

[email protected]
083 703 5705

21/06/2026

SARS scrutiny of Double Tax Agreement (DTA) and non-resident tax claims is increasing.

For South Africans living, working or earning income abroad, this is an important reminder: leaving South Africa does not automatically end South African tax residency, and a DTA claim is not a shortcut.

A proper position usually requires evidence, including:
• a foreign tax residency certificate or tax authority letter;
• passport and travel-day records;
• foreign tax assessments and proof of foreign tax paid;
• employment, pension, annuity or business income records;
• details of South African property, companies, trusts, investments and family ties; and
• a clear explanation of why the relevant DTA supports the taxpayer’s position.

This also highlights the growing compliance burden on tax practitioners. A DTA/non-resident claim is not the same as a normal annual tax return. It often requires a technical tax residency review, treaty analysis, supporting document index, SARS motivation and ongoing correspondence under deadline pressure.

At Tax Shop Outeniqua, we believe clients should be informed before SARS asks the difficult questions. If you have foreign income, have emigrated, are considering ceasing South African tax residency, or have received a SARS verification request, speak to us before submitting incomplete information.

Tax compliance is becoming more technical. The cost of getting it wrong may be far greater than the cost of getting proper advice upfront.

[email protected]
083 703 5705