FAQ – Is there a dividend tax return?

Under Dividends Tax a return must be submitted to SARS by each entity that is involved in the dividend distribution chain, on or before the end of the month following the month in which the Dividends Tax is triggered. In the return the withholding agent must account for the payment of dividends to beneficial owners (including any withholding of tax) and/or the pass through of dividends to regulated intermediaries for further distribution. The return summarises how the dividends were dealt with and whether any taxes were withheld (receipt/declaration of dividends vs. the distribution of the dividends received/declared). The supporting information and return can be submitted through various channels.