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Provisional tax: beware penalties and interest

Published by BusinessTech on Sun, 14 Jul 2019


Provisional taxpayers find themselves on the receiving end of penalties and interest from SARS on a regular basis. While they may attempt to dispute the penalties, they resign themselves to the payment of interest because, as many tax practitioners will tell you, that's what you have to do, says Christopher Renwick, a senior tax attorney at Tax Consulting SA.
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