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Are you struggling to upload your IT3-Ts on the SARS website. As a 3rd Party Data provider you can bypass having the representative and all the registration numbers as long as there is a tax number. Sky IT3-T will do this for you! If you going to miss the month end deadline its best that you contact us now!  ​​Click Here 

IT3-T Tax Returns

Navigating the complexities of tax returns, especially with the recent introduction of the IT3-T distributions upload for Trusts, can be a daunting task. The requirement for Trusts to upload their Distributions commencing the 1st of March adds another layer of complexity to an already intricate process. We understand that the preparation of tax returns often becomes a stop-and-start affair, marred by the frustration of missing crucial pieces of information such as ID numbers, addresses, and more.
Recognizing these challenges, the Sky Tax Team is excited to announce a groundbreaking solution designed to revolutionize the way you manage trust tax returns – the release of our Verify Algorithm which is part of the IT3-T process. This innovative tool is specifically tailored to address the pain points of Tax Practitioners and Trust Administrators by swiftly identifying any missing data necessary for the tax return process.
The importance of ensuring that all permanent data required for tax returns is accurately recorded cannot be overstated. With the Verify Algorithm, you can now instantly verify that all essential information is in place before the filing process begins. This means that when the financial data comes in, you can be confident that all the permanent data has been thoroughly checked for any missing bits.
Here’s how the Sky Trust IT3-T and Administration  process benefits your firm:
  • Instant Identification: Our algorithm scans your data and highlights missing information in seconds, electronically or by report, eliminating the need for time-consuming manual checks.
  • Streamlined Process: By ensuring all necessary data is complete beforehand, you can proceed with filing the IT3-T smoothly, without the usual interruptions.
  • ITR12 Trusts: When the financial data comes in the filing will be automatically processed.
  • Peace of Mind: Rest assured knowing that your IT3-T and ITR12 Trusts preparation is compliant and thorough, with every piece of required data accounted for.
As we approach the start of the 2024 filing period, it's crucial to have all your data in order. As you know Sky Tax files your trust tax returns, and we encourage all Practitioners to utilise the Verify Algorithm to ensure their data is complete before commencing the filing process.
Don't let missing information delay your tax returns or lead to frustration. Let Sky Tax's Verify Algorithm take the guesswork out of your tax preparation. Contact us today to learn more about how this tool can simplify your tax return process and ensure a smoother, more efficient filing season.
accfin_sky_tax_trust_returns-1.pdf
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acfinsky_trust_admin_launch.pdf
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