South Africa Tax Agency Announces Filing, Payment Deadlines for Turnover, Provisional Tax

The South African Revenue Service Aug. 15 announced filing and payment deadlines for turnover tax and provisional tax. The announcement includes: 1) the Aug. 31 deadline for filing and paying turnover tax, and for provisional tax payments and returns for small, medium, and micro enterprises (SMMEs) with financial years ending in February; 2) information on provisional tax, including procedures for filing and paying, as well as that it isn’t a separate tax but rather a method for collecting income tax from specified individuals and businesses; 3) that taxpayers should register for turnover tax before the assessment year or within two ...