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Provisional Tax and Year End Tax Reconciliation for Companies

Understated provisional tax estimates remain one of the most common triggers for penalties and interest among South African companies. This course walks finance teams through the first and second provisional payment cycle, the basic amount rules, and how to reconcile provisional payments against the final assessment. Practical worked examples reflect the realities of fluctuating revenue and late management accounts in local businesses.

What you will be able to do

  • Calculate first and second provisional tax payments using taxable income estimates.
  • Apply the basic amount and 80 percent accuracy rules to avoid understatement penalties.
  • Reconcile provisional payments against the final corporate income tax assessment.
  • Manage top up payments and the timing of interest on underpayments.
  • Build a provisional tax working file that supports every estimate on record.
  • Coordinate provisional tax deadlines with the company financial reporting calendar.

Course outline

  1. 01The provisional tax framework for companies
  2. 02Estimating taxable income for IRP6 returns
  3. 03Basic amount and accuracy rules
  4. 04First and second period calculations
  5. 05Penalties and interest on underpayment
  6. 06Top up payments and voluntary payments
  7. 07Reconciling to the final assessment
  8. 08Building a defensible provisional tax file

Who should attend

Financial accountants, tax administrators, financial managers and bookkeepers responsible for preparing and submitting company provisional tax returns.

Dates, venues and fees

DatesVenueDaysFeeCalendar
17 to 18 Aug 2026Durban2R10,000
24 to 25 Aug 2026Johannesburg2R10,000
7 to 8 Sep 2026Mauritius2US$1,100
14 to 15 Sep 2026Dubai2US$1,100
21 to 22 Sep 2026Lagos2US$1,100
28 to 29 Sep 2026Harare2US$1,100
5 to 6 Oct 2026Kampala2US$1,100
12 to 13 Oct 2026Dar es Salaam2US$1,100
19 to 20 Oct 2026Pretoria2R10,000
26 to 27 Oct 2026Cape Town2R10,000
9 to 10 Nov 2026Online2US$900
16 to 17 Nov 2026Mozambique2US$1,100
23 to 24 Nov 2026Cairo2US$1,100
30 Nov to 1 Dec 2026Accra2US$1,100
7 to 8 Dec 2026Lusaka2US$1,100
14 to 15 Dec 2026Kigali2US$1,100
21 to 22 Dec 2026Nairobi2US$1,100

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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