Provisional taxpayers must submit their 2nd IRP6 return and payment to SARS by 28 February 2026 to avoid penalties and interest. This payment covers the full tax year ending 28 February 2026, accounting for previous payments. Failure to pay on time can result in a 10% penalty plus interest. 

Key Details for 2nd Provisional Tax (2026 Tax Year):

• Deadline: 28 February 2026 (last business day of the tax year).
• Requirement: Submit form IRP6 (even if the payment is 'Nil').
• Purpose: Calculate tax on total estimated income for the full year, subtracting the first payment and PAYE.
• Penalties: A 10% penalty applies for late payment or non-submission.
• Underestimation: Penalties may apply if taxable income is underestimated.
• Optional 3rd Payment: A "top-up" payment can be made by 30 September 2026 to avoid interest. 

Provisional taxpayers include individuals earning income outside of salary (e.g., business, rental, investments).

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