After attending this course, delegates will have gained an understanding of the competencies mentioned below and must be able to apply the concepts and techniques in most situations and environments: • Be able to determine who is a provisional taxpayer • Be able to determine the taxable income that must be used to determine the tax liability for the relevant provisional tax period • Be able to calculate the amount payable for the period • Be able to advise clients as to the consequences of incorrect returns filed or late/non payment of provisional tax

• Administrative responsibilities • Fourth Schedule definitions • What amounts must be used for the various provisional tax returns • How must the payments be calculated (please note this will not include a detailed discussion on how to calculate tax liability for each type of taxpayer) • What happens when things go wrong? A detailed look at the penalties, additional taxes and interest that can be charged

This course would be useful for all staff who have a responsibility to submit provisional tax returns. Although the discussion on penalties and interest may be quite technical, it will still provide delegates with a thorough understanding of the consequences of an incorrect form. Any delegate that is looking to get a refresher on the above topics would also be welcome.

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