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.
To ensure that you have all the knowledge to successfully finalise this second submission, we offer a session aimed at discussing the second provisional tax payment.
This session will address matters including, but not limited to, the following:
• Brief overview of the requirements to be registered as a provisional taxpayer
• Brief overview of the calculation rules of the second payment
• Interest and penalties for late payments and underestimates
• Other administrative provisions related to the IRP6 submission