Ben says: 22 February 2016 at 7:14 I didn't submit a provisional tax return in Aug 2015 because I thought I would be below the threshold but I am actually above the threshold for the 2016 tax year. Should I now submit one at 29 feb 2016 and are these numbers based on actual income and expenses or an estimate for the 2016 tax year |
TaxTim says: 22 February 2016 at 10:30 Yes, you should submit by 29 Feb 2016 a 2nd provisional tax return - this should be based on an estimate for 2016 but you should try and be as accurate as possible and ensure you have back-up calculations/support in case SARS requests it. |