FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Provisional Tax - how to work it out?

Posted 19 August 2015

Jo says:
19 August 2015 at 12:17

New to provisional tax. We are working with an accountant but info is not forth-coming. Is the taxable amount worked out on:
Income less
Deductions / Expenses
= Taxable Income (i. E. We are taxed the percentage in that tax bracket)

i. E. The provisional tax amount is not just worked on your income?

TaxTim TaxTim says:
19 August 2015 at 12:42

Yes, the tax payable will be worked out on your taxable income: Income less business related expenses.

Please see further details around Provisional Tax at the link below.
What is Provisional Tax? How and when?

This entry was posted in Tax Q&A and tagged , . Bookmark the permalink.




Submit your tax return right here!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.