Penalties
| Tax area Reason Penalty |
| Provisional tax 1st or 2nd payment late 10% |
| Provisional tax Underestimate 20% |
| Provisional tax 3rd payment late 0%* |
| VAT Late payment 10% |
| VAT Misrepresentation/ Up to 200% |
| Intention to evade tax |
| Income tax Error, omission or 200% but |
| incorrect statement may be reduced |
| Employees tax Late payment 10% |
| Late filing of EMP501 10% |
| Employees tax Misrepresentation/ Up to 200% |
| Intention to evade tax |
| *(but interest potentially payable) |
Tax Calendar
| STC payments Last day of the month following the |
| month in which divident cycle ends |
| Provisional Tax |
| February year-end |
| 1st payment 6 months before year-end (31 Aug) |
| 2nd payment At year end (end-February) |
| 3rd payment 7 months after year-end (30 Sep) |
| Other than Feb |
| 1st payment 6 months prior to year-end |
| 2nd payment At year-end |
| Other taxes and levies |
| VAT 25th of month after tax period |
| (special e-filing rules) |
| PAYE 7th day of each following month |
| SDL 7th day of each following month |
Fixed Penalties (per month): Income Tax Act Non-Compliance
| Taxable income for year preceding year Penalty |
| Assessed Loss R 250 |
| R0 - R 250000 R 250 |
| R 250001 - R 500000 R 500 |
| R 500001 - R 1000000 R 1000 |
| R 1000000 - R 5000000 R 2000 |
| R 5000001 - R 10000000 R 4000 |
| R 10000001 - R 50000000 R 8000 |
| Above R50000000 R 16000 |
| Maximum successive penalties 36 (SARS in possession of |
| address) or 48 (SARS not in possession of address) |
