Page 22 - ADVANCED TAXATION - Day 1 Slides
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Tax Periods (S 27)
Tax period
Category A: 2 month periods ending uneven months (Jan, March,
May etc.)
Taxable supplies ≤ R30mill / farmers with taxable supplies >
R1,5mill in a 12 month period
Category B: 2 month periods ending even months (Feb, April, June
etc.)
Taxable supplies ≤ R30mill / farmers with taxable supplies >
R1,5mill in a 12 month period
Category C: Monthly periods
Taxable supplies > R30 million in a 12 month period
Category D: Six month periods, ending Feb/Aug
Farmers with taxable supplies of < R1,5 million in 12 month
period
