Page 10 - Provissional Tax For Companies
P. 10
Calculation Of Provisional Tax
3 Additional tax payment
rd
to avoid interest
Actual liability for normal tax for yoa
employees’ tax deducted by his employer from
Less:
remuneration during the year
Less: first and second provisional tax payments
foreign tax paid on income from sources outside
Less:
South Africa that are allowed as a rebate (s 6quat)
Paid on or before the ‘effective date:’
7 months after end of yoa, if yoa ends on last day of Feb, or
6 months after end of yoa, if yoa ends on any other date (s 89quat)
