Tax Administration Act, 2011 (Act No. 28 of 2011)

Notices

Returns of Information to be Submitted by Third Parties in terms of Section 26 of the Tax Administration Act, 2011 (Act No. 28 of 2011)

3. Returns required to be submitted
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Every person mentioned in Column 1 must submit a third party return that relates to the information specified in Column 2, in the form specified in Column 3 of the following Table:

 

Column 1: Person mentioned in paragraph

Column 2: Information concerning

Column 3: Form

2.1, 2.2, 2.3, 2.4, 2.5, 2.6, 2.7, 2.10, 2.11 and 2.12
(a) Amounts incurred or paid in respect of, or by way of any investment, interest or royalty;
(b) transactions that are recorded in an account maintained for another person (i.e. transactional accounts); and
(c) any tax withheld.

IT3(b); or

Data compiled in accordance with SARS’ Business Requirement Specification: IT3 Data Submission

2.10, 2.11

Amounts incurred or paid in respect of, or by way of any rental of immovable property.

IT3(b); or

Data compiled in accordance with SARS’ Business Requirement Specification: IT3 Data Submission

2.1, 2.2, 2.3, 2.4, 2.6 and 2.7

Amounts paid in respect of the purchase and disposal of financial instruments.

IT3(c); or

Data compiled in accordance with SARS’ Business Requirement Specification: IT3 Data Submission

2.8

Amounts paid in respect of a purchase, sale or shipment of livestock, produce, timber, ore, mineral or precious stones, or by way of a bonus.

IT3(e); or

Data compiled in accordance with SARS’ Business Requirement Specification: IT3 Data Submission

2.4

Amounts paid in respect of a purchase, sale or shipment of livestock, produce, timber, ore, mineral or precious stones, or by way of a bonus.

IT3(f); or

Data compiled in accordance with SARS’ Business Requirement Specification: Insurance Payments

2.4

The purchase of, and contributions made in respect of, any retirement annuity policy.

IT3(f); or

Data compiled in accordance with SARS’ Business Requirement Specification: IT3 Data Submission

2.9

Contributions made by a person in respect of a medical scheme and all expenses paid by a medical scheme on behalf of such person and a dependant of such person.

IT3(f); or

Data compiled in accordance with SARS’ Business Requirement Specification: Medical Scheme Contributions

2.13
(a)Contributions to, withdrawals from and transfers to and from a tax free investment; and
(b)any other amounts received or accrued in respect of a tax free investment.

IT3(s); or

Data compiled in accordance with SARS’ Business Requirement Specification: IT3 Data Submission

2.14

Any amount donated to an entity listed in paragraph 2.14 for which a section 18A receipt has been issued and all information required to be included on the section 18A receipt.

IT3(d); or

Data compiled in accordance with SARS’ Business Requirement Specification: IT3 Data Submission

2.15

Any amount vested in a beneficiary

including income (nett of

expenditure), capital gains and

capital amounts.

IT3(t); or

Data compiled in accordance with SARS’ Business Requirement Specification: IT3 Data Submission