26/05/2026
π‘ TIP TUESDAY | PROVISIONAL TAX π‘
Did you know? Provisional tax is not an extra tax, itβs a way of paying your income tax in advance throughout the year. π
Missing your provisional tax deadlines can lead to penalties and interest from South African Revenue Service (SARS).
βοΈ Keep accurate financial records
βοΈ Estimate your taxable income correctly
βοΈ Donβt wait until the last minute to submit
βοΈ Set money aside monthly for tax payments
Good tax planning helps avoid surprises and keeps your business financially healthy. πΌ
Need assistance with your provisional tax submissions?
MDV Accounting is here to help.
MDV ACCOUNTING | NUMBERS YOU CAN COUNT ON!