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After registering a company, when does the owner become in liable for provisional tax?

Posted 15 October 2015

Jax says:
15 October 2015 at 17:17

If an individual registered a small company with the CIPC at the end of May 2015 (for example) when does the individual become liable for provisional tax? The company is the only source of income for the individual.

TaxTim TaxTim says:
15 October 2015 at 18:21

When is the year end of the company?

Jax says:
15 October 2015 at 18:24

The year end would be 28 February 2016

TaxTim TaxTim says:
15 October 2015 at 18:29

Then the first provisional would have been due 31 August 2015 and then the second on 28 February 2016.

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