TRUSTS AND THE IT3(T) | FROM FINANCIAL PENALTIES TO LEGAL LIABILITIES – THE RISKS ARE REAL!Written by: Tax A Sured (Pty) Ltd | Posted on: 23-01-2025 | Category: SARS | IT3(t) Return SARS Section 60 of the Tax Administration Act Section 7 of the Income Tax Act Section 75 of the Income Tax Act Section 80 of the Income Tax Act Tax Compliance Tax Liability Trusts AuditsTRUSTS AND TAX COMPLIANCE | WHAT HAPPENS IF YOU FAIL TO SUBMIT THE IT3(T) RETURN? Trustees in South Africa carry a significant responsibility when managing trust compliance ...