South Africans with trusts are next on the SARS chopping block

• South Africans with trusts are next on the SARS chopping block as SARS increases scrutiny and penalties for non-compliance.
• SARS has been imposing penalties on trusts since 2026, but has recently reversed some penalties, advising taxpayers to submit outstanding Trust Income Tax Returns.
• Taxpayers involved in trusts are advised to check their tax affairs are up to date and confirm they do not face penalties or risks, to avoid being caught in the 'showdown between SARS and certain trusts'.