Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

When do I pay sars after submitting provisional tax?

Posted 12 September 2013 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
After submitting my provisional tax, when do I need to pay it? Does SARS send me a bill?

This entry was posted in Tax Questions and tagged , , , . Bookmark the permalink.

TaxTimTaxTim says:
12 September 2013 at 12:24

You would had to have paid that on the day you filed your provisional return, before the August deadline. If you had not paid it then you would have incurred a penalty of a 10% late payment penalty. When you filed your return on the Income Tax Working Page there is a button for payment which would assist you in making payment. Unfortunately SARS does not send reminders for Provisional Tax payments.


Saddiq says:
12 September 2013 at 12:31

There are no banking details on that payment page. If I am to incur a penalty, will that be added to the payment?


TaxTimTaxTim says:
12 September 2013 at 12:47

If you go to "request statement" and click for the 2014 year, a PROVSA will be drawn up which has all the details for you.


Saddiq says:
12 September 2013 at 12:50

:) Ok this is all a little confusing...

So if I submitted my first provisional tax return for 2013, do I only get billed in 2014 or am I only to pay by 2014?


TaxTimTaxTim says:
12 September 2013 at 13:00

You need to pay the provisional tax on the day you submitted, so that would be before 30th August 2013. The provisional tax return due by 30th August 2013 is for income earned in the 2014 tax year (1 March 2013 to 28 Feb 2014).

What is Provisional Tax? How and when?


Saddiq says:
12 September 2013 at 14:04

Thank you.


TaxTimTaxTim says:
12 September 2013 at 14:08

Only a pleasure, let me know if you have any further questions.


Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →