[Question] Provisional Tax (with Trial balance and Income tax ITSA from SARS)

[Shenz]

Hi there, I am a tax student and require assistance with regards to a provisional tax question. Have been given the Income tax ITSA- Statement of account:Assessed tax, statement period 2005-01-01 to 2011-05-04 and a trail balance from the date 01/01/2011-30/09/2011. I need to know when the provisional tax is to be paid, how much the company has already paid and when the next provision is due.

Can anyone explain to me how to start this and get to what the lecturer is requiring.

[AndyD]

Can't help with your tax question but welcome to TFSA Shenz

[geraldenek]

can you please upload the documents in order to assit you.

i will try and explain with assumptions. I think you will refer to the 2011 tax year.

Provisional payment is due on the 31/08/2011 and 28/02/2012 as for the amounts - won't be able to help without figures.