Dear Taxpayer
PROVISIONAL TAX RETURN -(IRP6) – DUE ON 28 FEBRUARY 2023
This is a reminder that your Provisional Tax Return (IRP6) (2nd payment) and accompanying payment are due and payable on 28February 2023.
It is a legislated tax obligation for registered companies to submit their annual Company Income Tax Returns (ITR14), in the prescribed manner within twelve months after their financial year-end. In addition to the ITR14, companies are required to submit their provisional tax returns (IRP6) to SARS.
The first IRP6 return must be submitted and payment made within six months of the start of the year of assessment. The second IRP6 must be submitted and payment made by no later than the last working day of the year of assessment. Please submit all your tax returns and make the necessary payments on time to avoid interest and penalties being imposed for late filing and payment.
Please note that in accordance with section 95(1)(a) of the Tax Administration Act 28 of 2011, SARS may issue an assessment based on an estimate should you fail to submit the required annual tax return. It must also be noted that any person who wilfully or negligently fails to submit a tax return to SARS, is guilty of an offence and, upon conviction, is subject to a fine or to imprisonment for a period not exceeding two years.
Furthermore, it is important to remember that a taxpayer’s Tax Compliance Status (TCS) is based on compliance with all tax requirements, including on-time submission of returns.
Sincerely
ON BEHALF OF THE COMMISSIONER FOR THE SOUTH AFRICAN REVENUE SERVICE