8 February 2016 at 16:54
What are the penalties and interests paid for provisional tax?
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8 February 2016 at 17:26
Late payment of provisional tax: a penalty of 10 percent on the assessed amount you owe;
Late submission of a provisional tax return: a penalty of 20 percent of what you owe; and
Underestimation of the amount of provisional tax: a penalty of 20 percent of the underestimated amount.