Provisional Tax Preparation & Submission
File provisional tax the right way. Stay Compliant. Avoid Penalties. Pay Smarter
If you earn income beyond a regular salary, like freelance work, commissions, business, rentals, investments, or side-hustles. You may have to submit a provisional tax (IRP6). That means estimating and paying income tax twice a year to avoid a large lump sum at the end of the year.
At TTT Financial Group, we handle everything for you from calculations and submissions to compliance and follow-up. You get peace of mind, expert oversight, and more control over your cash flow.
Our Provisional Tax Service — What We Handle
- Review your income streams & advise whether you qualify as a provisional taxpayer
- Estimate taxable income using all sources (business, rentals, interest, investments)
- Calculate provisional tax liability accurately — including deductions/allowances
- Submit IRP6 returns and process payments for both periods (and optional top-up)
- Monitor SARS statements on your behalf and adjust estimates if needed
- Help with record-keeping and documentation — receipts, invoices, travel logs, expense claims
- Provide clear guidance to avoid under-estimation penalties or interest charges
Why Professional Help Matters
Filing provisional tax incorrectly or late can lead to harsh consequences:
- 10% penalty for missed or late submissions
- 20% penalty — plus interest — if tax paid is significantly underpaid
- Cash-flow problems or unexpected large tax bills if you underestimate income
- Additional SARS scrutiny, audits or compliance issues
Deadlines We Manage for You
You don’t need to track dates — we do it for you.
Provisional Tax periods typically fall on:
1st Period
Last business day of August
- Submit first IRP6 — estimate income & pay provisional tax (if applicable)
2nd Period
Last business day of February
- Submit second IRP6 & pay balance or nil return
3rd Top-Up
Last business day of September
- Pay additional provisional tax if estimates were low (to avoid penalties)
Individual Tax Services
e-Filing Registrations
Registration of SARS eFiling for individuals and businesses.
Maintain SARS registered details
Amendments and updates of any inaccuracies related to SARS information.
Fixed Tax Directive Application
Best suited for commission workers, freelancers, retirees, and all those whose income does not come regularly.