The first period provisional tax payment is calculated as follows:
| | R |
| Estimated taxable income for the year of assessment | XXXX |
| Normal tax on estimated taxable income | XXXX |
| Less: Primary, secondary and tertiary rebates under section 6 | (XXXX) |
| Less: Tax credit for medical scheme fees under section 6A | (XXXX) |
| Less: Additional medical expenses tax credit under section 6B | (XXXX) |
| Total Tax Payable (A)Total Tax Payable (A) | XXXX |
| Half of the normal tax payable on estimated table income (A/2) | XX |
| Less: Employees’ tax deducted from the provisional taxpayer’s remuneration during the first period | (X) |
| Less: Foreign tax credits (section 6quat and section 6quin) for the first 6 months | (X) |
| FIRST PROVISIONAL TAX PAYMENT | xxxx |
The second period provisional tax payment is calculated as follows:
| | R |
| Estimated taxable income for the year of assessment | XXXX |
| Normal tax on estimated taxable income | XXXX |
| Less: Primary, secondary and tertiary rebates under section 6 | (XXXX) |
| Less: Tax credit for medical scheme fees under section 6A | (XXXX) |
| Less: Additional medical expenses tax credit under section 6B | (XXXX) |
| Total Tax Payable | XXXX |
| Less: Employees’ tax deducted from the provisional taxpayer’s remuneration during the year | (X) |
| Less: First provisional tax payment (if actually paid) | (X) |
| Less: Foreign tax credits (section 6quat and section 6quin) for the year | (X) |
| SECOND PROVISIONAL TAX PAYMENT | XXXX |
The third period (top-up/voluntary) provisional tax payment is calculated as follows:
| | R |
| Estimated/actual taxable income for the year of assessment | XXXX |
| Normal tax on estimated taxable income | XXXX |
| Less: Primary, secondary and tertiary rebates under section 6 | (XXXX) |
| Less: Tax credit for medical scheme fees under section 6A | (XXXX) |
| Less: Additional medical expenses tax credit under section 6B | (XXXX) |
| Total Tax Payable | XXXX |
| Less: Employees’ tax deducted from the provisional taxpayer’s remuneration during the year | (X) |
| Less: First provisional tax payment (if actually paid) | (X) |
| Less: Second provisional tax payment (if actually paid) | (X) |
| Less: Other provisional tax top-up payments (if any, if actually paid | (X) |
| Less: Foreign tax credits (section 6quat and section 6quin) | (X) |
| TOP-UP PAYMENT | XXXX |
