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INCOME TAX At Your Service

Return for payment of provisional tax

IRP6

Form version: 2007 IRP6(C) Name: Address: Always quote this reference number in correspondence with your SARS branch office or during interviews: Reference number Code: Date Registered Branch Office:

- - - Please Select - - -

Year last assessed

1995
R R R R R

Tax period Tax payable on/or before

Taxable income for that year Less: Capital Gain Basic amount Add: Percentage increase (see note A.4) SARS Estimated taxable income

For office use

A. SARS proposed calculation

(see notes A&C)

B. Taxpayer Estimate
(see notes B&C)

Estimated taxable income (see note A.3) Tax on estimated taxable income (see note C) Tax for the full year Less: Employees tax for this period
(12 months) (12 months)

Less: Foreign tax credits for this period

Less: Provisional tax paid for the first period Tax payable for this period Add: Penalty outstanding from 1st period Add: Interest outstanding from 1st period Amount payable Add: Penalty on late payment Add: Interest on late payment Total amount payable (see note D)

Note: If your actual taxable income does not exceed R1 million, you may calculate your second provisional payment based on the basic amount. If the basic amount is based on a year of assessment that is more than one year old, the basic amount has been increased by 8% a year. Where your estimate is less than the basic amount and the difference between your estimate and taxable income exceeds 10%, you will be liable to an additional tax of 20% on the tax underpaid. The Commissioner may remit all or part of the additional tax if he or she is satisfied that the estimate was seriously calculated with due regard to the factors having a bearing thereon and was not deliberately or negligently understated. Please note that if your taxable income exceeds R1 million you may not utilise the basic amount or SARS estimate and must base your calculation on actual figures. If the difference between your estimate and taxable income exceeds 20%, you may be liable to an additional tax of up to 20% on the tax underpaid.

Signature of the public officer or representative taxpayer

Name of the public officer or representative taxpayer

Date

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Notes A: SARS Proposed taxable income and tax payable: 1. 2. 3. 4. 5. 6. The last year assessed as reflected on this IRP6 return will refer to a year of assessment which has been assessed at least 60 days prior to the due date of this period, and may therefore differ from the last year actually assessed. The basic amount is after the deduction of any taxable Capital Gain(s), if included in the taxable income of the last year's assessment. The tax payable as reflected in column A is based on an amount of taxable income which is equal to either the basic amount or the increased amount, as explained in note A.4 below . Where the last year assessed is older than 1 year, the basic amount is increased by 8% per year as a guide in realistically estimating the taxable income. The amount reflected as Employees tax (i.e. PAYE) is the amount as shown in the last year's assessment. If you are a first time provisional taxpayer the estimated taxable income in column A may be reflected as nil you must however submit your IRP6 return with an estimation of your taxable income. A nil estimated taxable income will not be accepted from you without being fully motivated. See also note B. 3 below. If no IRP6 return, for the second period, is received within the prescribed period, a programmatic check will be done on assessment and if the conditions as described in Paragraph 20A of the Fourth Schedule are met, additional tax will be levied. The levying of such additional tax is subject to objection and appeal. Note that if, for the first period, you do not submit a completed IRP6 return within 120 days from the payment due date, and you only make a provisional tax payment for this period, it will be accepted that you are in agreement with the amount payable in column A. The calculation in column A will be regarded as the estimated taxable income and this estimate shall be final and conclusive in terms of Paragraph 19(2) of the Fourth Schedule to the Act.

7.

8.

B. Taxpayer Estimate: 1. 2. 3. Where you are not satisfied with the calculation of tax payable and if this is for the second provisional period you must complete column B. If you are a first time provisional taxpayer you must submit your IRP6 return with an estimation of your taxable income even if the result of the calculation of the tax payable is nil. A nil estimated taxable income will not be accepted without being fully motivated. If, for the first provisional tax period, you wish to submit an estimated taxable income which is lower than the basic amount, as printed on the IRP6 return, the lower estimate will not be considered unless you have entered your motivation, for the lower estimate, in the space provided. Note that in terms of Paragraph 19(3) of the Fourth Schedule, SARS may increase an estimate submitted by you even if you have accepted the proposed calculation reflected in column A as this calculation is not regarded as being a final estimate except in circumstances as in note A.8 above. You may also be called upon to justify an estimate submitted by you. If you have received an IRP6 return and you are no longer a provisional taxpayer, please endorse the return accordingly and return it to the SARS branch office as indicated on the return. A letter giving the reason why you are no longer a provisional taxpayer and stating from which year of assessment this is applicable, must be attached to this IRP6 return.

4.

C. Calculation of tax payable: 1. 2. The IRP12 table which is available from the SARS website at www.sars.gov.za may be used to determine the tax payable or you may calculate the tax payable by using the relevant tax rates and deducting the applicable tax rebates. In the case of Companies, Close Corporations, SMME's, Employment Companies etc. the relevant prescribed rates must be used to determine the tax payable.

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Payment advice for the payment of provisional tax

Please read the notes below

Tax reference number

Period Amount payable

For office use only

R R

Amount paid Remittance date

Taxpayer Indicate the method of payment Payments can be made at any SARS branch office: Mondays to Fridays: 8h00 - 15h30 Closed on Saturdays, Sundays and Public holidays. Payments can also be made at or electronically to: Payment reference number Cash Cheque

ABSA, FNB, Nedbank, Standard Bank P0002

Beneficiary ID / Account number

SARS-PROV

Income tax reference number, P00, period, year

When making a payment always use the payment reference number. For bank payments, the beneficiary ID must be used as the account number. Note: Payments that do not comply with both the above-mentioned payment reference number and the beneficiary ID will not be accepted.

Payments: 1. Please use the payment advice when making your provisional tax payment. Where an electronic payment is made it is essential that you quote the Payment reference number and Beneficiary ID as shown on the payment advice. This will minimize the incorrect or nonallocation of your payment. For more information refer to the SARS Payment Rules on the SARS website at www.sars.gov.za. 2. In terms of section 89sex of the Income Tax Act where any day specified for any payment to be made, under the provisions of this Act, falls on a Saturday, Sunday or public holiday, such payment must be made not later than the last business day falling prior to such Saturday, Sunday or public holiday. 3. The payment date (that is the effective date) for additional tax payments, in terms of Paragraph 23A to the Fourth Schedule, is where the year of assessment ends on 28/29 February, seven months thereafter and for financial year end dates ending on a date other than 28/29 February, six months after the financial year end date (this includes individuals and trusts who received approval to pay provisional tax in line with the financial year end date). 4. Where payments are made by mail, via the bank or ATM sufficient time must be taken into account for mailing or processing thereof. 5. Where payments are done electronically provision must be made for your banks cut off times and for a clearance period that could take between two and five days. 6. No cheques exceeding R5 million will be accepted or issued due to the new banking practice. For more information refer to the SARS website at www.sars.gov.za or contact your local SARS office. 7. Interest in terms of section 89bis will be levied, at the prescribed rate, on any payment made after the relevant periods payment due date and on any portion of the tax that remains unpaid. 8. A penalty of 10% will be imposed on any amount paid late. Where arrangements for deferment are not made prior to the payment due date or where such arrangements are forfeited, the penalty will also be imposed. 9. Note that in terms of Paragraph 28 of the Fourth Schedule to the Income tax Act, provisional tax payments are not refundable. Such payments will be off set against your liability for normal tax for the applicable year of assessment.

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