For many provisional taxpayers, the end of February spells the deadline for the second provisional tax payment due to SARS. Non-compliance with the process or timing, might result in significant penalties and interest to the taxpayer. This course aims to ensure that you have all the knowledge to successfully finalise this second submission.

This session will cover the following: • Brief overview of the legislative rules driving provisional taxes • Brief overview of the determination of the second payment, including a discussion of the basic amount • Interest and penalties for late payments and underestimates • Other administrative provisions and issues that relate to the second IRP6 submission

All accounting and tax professionals, as well as other taxpayers that are classified as provisional taxpayers and that are responsible for facilitating the submission for it.