Provisional Tax Calculator — MCG Advisory

MCG Advisory Services — Tax Tools

Provisional Tax Calculator

Provisional tax requires you to pay estimated tax in two instalments during the year rather than in a lump sum after assessment. Use this tool to estimate your payment amounts, due dates, and any penalty risk.

Step 1 — Entity type

Select your entity type — this determines the tax rate and penalty rules that apply.

Step 2 — Income & tax figures
From your last SARS assessment or tax return
Your best estimate for the current tax year
PAYE withheld by an employer, if applicable
Most companies have a February year end
Step 3 — Your payment due dates

Provisional tax is paid in two compulsory instalments. A voluntary third payment can be made after year end to avoid interest on any shortfall.

1st payment

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6 months into the tax year

2nd payment

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At year end

Total tax liability

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Effective rate

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Already covered (PAYE)

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Balance to pay

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Payment schedule

1st payment — —
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2nd payment — —
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