Is your entity a SARS-registered Tax Exempt Institution?
Are you required to submit a SARS IT3(d) return reflecting the s18(a) donations received by your entity to SARS?
If you have issued more than 50 s18(a) donations between March and February, you will be required to submit your IT3(d) return through what SARS calls their HTTPS channel, rather than through eFiling. This HTTPS channel requires you to submit your data in a pipe-delimited (.psv) file format.
At WBE Africa Accounting we have developed a system to create this pipe-delimited file for you. Our system allows you to take your donation data from your recording system (whether that be a spreadsheet, database or CRM system), copy the data into a spreadsheet and our system will then process this data and convert it into the required PSV file required by SARS. You can then submit the PSV file to SARS using the HTTPS Channel accessed through eFiling.
Pricing
The pricing of our service is based on the creation of a PSV file from the spreadsheet of donation data you have provided, and two modifications to the file to address validation errors identified by SARS.
- Conversion of data and creation of PSV file: R5,000
The data conversion and PSV creation fee, includes a Teams meeting to discuss IT3 registration, user profiles and data submission requirements, the actual data conversion and PSV creation, and two revisions/ corrections to the file due to the strict data validation requirements of SARS.
Any additional services are charged at R1,200 per hour, or as otherwise agreed.
Frequently Asked Questions
Where can I get more information about the requirements for the submission of IT3(d) returns to SARS?
SARS has a very informative and useful page dedicated to the reporting requirements relating to the IT3(d) returns, which can be found at this link SARS IT3(d) Third Party Data
Who has to submit third-party data and IT3(d) returns to SARS?
- Approved Exempt Institution but no S18A status – Not required to submit IT3(d)
- Approved Exempt Institution with S18A status BUT DID NOT issue tax deductible receipts – Required to submit IT3(d) – Null Declaration in terms of BRS
- Approved Exempt Institution with S18A status AND issued tax deductible receipts – Must submit IT3(d) data of receipts issued – compulsory by law
Are we as an organisation approved as an Exempt Institution?
You can confirm with SARS whether you are correctly registered as a Tax Exempt Institution at this link List of approved s18A PBOs
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