The second provisional tax estimate for the 2023 tax year is due on Tuesday, 28 February 2023. Ensure that you submit your second provisional tax return on time.
Provisional taxpayers can pay their second provisional tax payments:
- At your bank;
- Via eFiling; or
- Via Electronic Funds Transfer (EFT)
If you pay via EFT, confirm with your bank about its cut-off times and clearance period, which could take between two and five days. For instance, if you make an electronic payment on 28 February 2023 at 20:00 (8 pm), it may only clear and reflect in the SARS account on 1 March 2023, which may give rise to late payment penalties.