Clarity does not provide IT3C or IT3B tax certificates, however you can use your statements to retrieve this information. Please follow the steps below:
IT3C:
IT3C shows any gain or loss made on your investment based on the transactions you finalised during the tax year.
You need to provide your Realised Return for your ZAR account, USD account, ZAR margin account and USD margin account, in ZAR, for the tax year.
IT3B:
IT3B shows the income you earned on your investment during a particular tax year.
You need to provide your Interest income for your ZAR account and USD account, in ZAR, for the tax year.
You also need to provide your dividend income, for your ZAR account, USD account, ZAR margin account and USD margin account, in ZAR, for the tax year. This is reported to SARS as “Other income” as they are manufactured dividends.
Getting your statement:
On the web:
Select "Dashboard", then the tab "Statements". (You can be in any of your accounts).
Select "Send statement"
Input the date range: 1 March 2023 - 29 Feb 2024 (If you opened your account after 1 March 2023, the date will be limited to your account opening date).
You will receive your statement to your email for all your accounts.
On the app:
Select "More", then the option "Trading statements and history". (You can be in any of your accounts).
Select the 3 dots on the top right and "Send statement".
Input the date range: 1 March 2023 - 29 Feb 2024.
You will receive your statement to your email for all your accounts.
Reading your statement for your tax submission:
ZAR account
In the “Account Returns” Section, you will find the following information for both IT3B and IT3C:
Local interest income (reported under SARS code 4201)
Local manufactured dividend income (reported under SARS code 4214)
Local realised return (reported under SARS code 4250 for gains and 4251 for losses)
ZAR margin account
In the “Account Returns” Section, you will find the following information for both IT3B and IT3C:
Local manufactured dividend income (reported under SARS code 4214)
Local realised return (reported under SARS code 4250 for gains and 4251 for losses)
USD account
In the “Account Returns (ZAR)” Section, you will find the following information in ZAR for both IT3B and IT3C:
Local interest income (reported under SARS code 4201)
Local manufactured dividend income (reported under SARS code 4214)
Foreign realised return (reported under SARS code 4252 for foreign gains and 4253 for foreign losses)
USD margin account
In the “Account Returns (ZAR)” Section, you will find the following information in ZAR for both IT3B and IT3C:
Local manufactured dividend income (reported under SARS code 4214)
Foreign realised return (reported under SARS code 4252 for foreign gains and 4253 for foreign losses)
