An IRP6 is a Tax Return completed by provisional taxpayers twice during the tax year to declare their estimated taxable income.
The first provisional tax return must be submitted six months into the tax year (i.e end of August) and the second provisional tax return by the end of the tax year (i.e end of February). Just like regular taxpayers, provisional taxpayers also need to submit their annual income tax return (ITR12) after the tax year that has passed.
It is important to note that provisional tax is not separate from income tax. It is simply a way to pay your taxes during the tax year instead of having a large amount owing to SARS on assessment when you submit your income tax return (ITR12).
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