Practical Guidance: Submitting IT3(d) Returns to SARS (Basic)
Duration: 1 hour
Price: R99.00
SARS introduces a new reporting requirement for Public Benefit Organisations (PBOs) in the form of the IT3(d) return. This requirement aims to enhance transparency and improve the regulation of PBOs in South Africa.
The first reporting period in May 2024 relates to Section 18A receipts data for the period 1 March 2023 to 28 February 2024. Failure to comply with this new requirement can result in penalties and even the loss of PBO status. This video is essential for all PBOs and tax practitioners who want to ensure they are fully prepared for the successful submission of the IT3(d) return.
Led by Carmen Westermeyer and Mandy Graaf, this video ensures that all PBOs and tax practitioners are fully prepared for the successful submission of the IT3(d) return to SARS. By considering all the technical and practical requirements, practitioners mitigate potential penalties.
These videos are based on tax law for the year ending 28 February 2025.