n Tax Breaks Newsletter - Now up to you to remember to top up : provisional tax

Volume 2005, Issue 237
  • ISSN :



Extracted from text ... PROVISIONAL TAX PROVISIONAL taxpayers will no longer receive reminders from SARS about third payments due by the end of September each year. In the past, SARS mailed IRP6(3) voluntary third period payment returns to provisional taxpayers around the middle of the year to remind them about the option of making a third "top up" payment in order to avoid or at least reduce the interest that would otherwise be payable. However, says SARS, because the third payment is voluntary, the financial information displayed on these IRP6(3) returns was not captured and these returns therefore served no purpose other than ..

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