Period 1 and period 2 what info required for Provisional tax return IRP6.

By Marc Sevitz · Updated

Late with Prov tax Period 1 2014 that should have been submitted Aug 2013. Personal tax already submitted on time. Confusion as to difference between period 1 and 2.
TaxTim Marc

TaxTim Marc said:
15 January 2014 at 10:59

Period 1 is the for the time between 1 March and 31 August 2013 and Period 2 is between 1 September and 28 February 2014 for the 2014 tax year year. In each return you would put the total expected income for the whole year. SARS will then calculate how much you need to pay for the whole year and then divide it by 2 so that you are not paying tax twice.
Provisional Tax
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