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Second provisional tax calculation and supporting documents required?

Posted 30 January 2014 under Tax Q&A


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How do we calculate second provisional tax and what documents are required?

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TaxTim TaxTim says:
30 January 2014 at 16:15

The second provisional tax is calculated in the same way as the first. Add up all the income earned for the tax year and then subtract all the allowable deductions. Calculate how much tax this would be using the SARS tax rates 2014 and then subtract the taxes already paid.

What is Provisional Tax? How and when? is a great guide to provisional tax.


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