SARS has updated its Automatic Exchange of Information reporting environment to support CRS Schema 3.0. Reporting financial institutions should review data, due-diligence and submission controls before their next filing.
SARS has introduced enhancements to South Africa’s automatic exchange of information reporting framework. Financial institutions and affected service providers should review their data, due diligence and reporting processes before the next submission cycle.
SARS has introduced several changes to the 2026 trust income-tax return process. Trustees and tax representatives should review their records now, rather than waiting until the 22 January 2027 filing deadline.