The 2017 /2018 SA Tax Return includes an estimate for tax due 2018 / 2019. This estimate has to be paid in Jan & July 2019. Payments received to date have CIS deducted. Can these be claimed against the above estimate payments or do they have to wait for the next Tax Return 2018 / 2019?
Related resources
Replies (3)
Please login or register to join the discussion.
You can reduce the 2018/2019 payments on account to what you estimate the ultimate liability is after deducting those CIS payments.
Is it really an estimate or your bog-standard payments on account ?
Were there no CIS deductions last year ?
If you're sure the liability is reduced, you can claim to reduce the POAs.
