Provisional tax is paid by individuals who earn income from more than 1 source and this results in being taxed at the incorrect rate.
Provisional tax is not a special separate type of tax but simply a way to pay your taxes during the tax year instead of having a large amount due to SARS on your yearly tax return.
Provisional taxpayers are required to submit two provisional tax returns (IRP6) during the tax year and make the necessary payment to SARS if a payment is due on the return
We as accountants calculate your correct tax payable with all your incomes taken into account.
Deadline for the 1st period provisional tax for the 2023 tax year 31/08/2022
Let us help you get the tax calculation right and submit before the deadline