Provisional Tax Return

Bi-annual provisional tax return for taxpayers who earn income not subject to PAYE.

P1 Estimated Taxable Income

Your best estimate of total taxable income for the full tax year. Must be at least 80% of actual to avoid penalties.

P2 Tax on Estimated Income

Tax calculated on your estimated taxable income using current tax tables and rebates.

P3 Less: Employees Tax (PAYE)

PAYE already deducted from your salary by employer(s) during the tax year.

P4 Less: Provisional Tax Paid

Provisional tax already paid for this tax year in previous IRP6 submissions.

P5 Less: Foreign Tax Credits

Tax paid to foreign governments on income also taxable in South Africa. Subject to section 6quat limitations.

P6 Amount Payable / Refundable

Net amount after subtracting PAYE, previous provisional payments, and foreign tax credits from total tax liability.