Provisional Tax Deadline August 2022

We draw your attention to the provisional tax (PT) deadline on 31 August 2022.

Information about PT can be found on the SARS website here.

The above deadline represents the FIRST provisional tax return for the tax year ending 28 February 2023 and covers the period 1 March 2022 to 31 August 2022. In summary, the following taxpayers need to submit their first period provisional tax return (and any related payment) by the above deadline date irrespective of whether they had taxable income or not:

• All companies with a February year-end even if such company did not trade during the period.

• All individuals required to submit a provisional tax return. Refer to the SARS website at the above link to understand when an individual is classified as a provisional taxpayer.

It’s important to note that taxpayers do not have to specifically be registered as “provisional” i.e. if they meet the requirements for a provisional taxpayer then they need to submit a provisional tax return.  It is possible that a taxpayer may be a provisional taxpayer one year and not the following year and vice versa.