21 May 2020

LETTER REF: INDIVIDUAL WITH NO COVID RELIEF

NAIDOO MICHELLE
578 AFRICA HOUSE
567 SIMBA ROAD
SUNNINGHILL
JOHANNESBURG
6744

TAXPAYER NAME: NAIDOO MICHELLE

TAX REF NO: 1207156645

Dear Sir/Madam

PROVISIONAL TAX SECOND 2021 PROVISIONAL TAX - LAST ASSESSED INCOME R 1,860,000.00

We enclose your IRP6 form, which indicates that your provisional tax has been calculated on an estimated
income of R1,860,000.00 with the payment due of R578,866.50.

DEDUCTIONS ON THE IRP6

If you do not agree with the deductions indicated on the IRP6 return please advise us as to what the correct
figures should be and we will amend the return. The deductions requiring attention are listed below;-
PAYE, Foreign Tax Credits, and Medical credits.

SUBMISSION OF IRP6
The IRP6 return will be submitted to SARS electronically on your behalf once you have confirmed the calculation. A
duly signed IRP6 form, as acknowledgement and approval of the figures to be submitted to SARS or our digital
signature must be returned to us by 21 February 2021.

Should you not be in agreement with the calculation on the IRP6 form for the 2021 provisional tax period, please
advise what should be changed.

INCOME OVER 1 MILLION RAND

In the event that your taxable income is in excess of R1 million on assessment for 2021 and your provisional tax
payments for P1 and P2 are not within 80% of what should have been paid by provisional tax to SARS, SARS will
levy an understatement penalty on assessment which could be substantial.

PARAGRAPH 19(3) OF THE FOURTH SCHEDULE

In terms of Paragraph 19(3) of the Fourth Schedule, SARS may increase any provisional tax estimate to an amount
that they consider reasonable. This only happens after SARS has asked for a justification of the estimate and the
justification is not to their satisfaction. This increase in estimate may be used whenever enough information is in
the possession of SARS to substantiate the increase.

PAYMENTS
Payment of R578,866.50 must be made to SARS on or before 28 February 2021. Should payment reach SARS
after 28 February 2021 or not at all, a penalty of 10% and/or interest at the prescribed rate, will be levied. We
recommend that payment be made 5 working days before the due date to ensure that SARS receives the payment
timeously.

Please note that SARS payment reference information is provided at the bottom of the IRP6 form which is part of
this communication. This reference number should be used when making a direct transfer to SARS.
Please do not hesitate to contact our offices should you have any queries or questions with regards to your IRP6
calculation.

Yours faithfully

MARK SILBERMAN
Partner
 ACCFIN SOFTWARE INCOME TAX
Printed by SKY TAX
Copyright of Accfin Software Return for payment of provisional tax
Tel 0861 222 346 / 0861 ACCFIN

NAIDOO MICHELLE PROVISIONAL TAX ADVICE

578 AFRICA HOUSE
567 SIMBA ROAD Reference number 1207156645
SUNNINGHILL
Date 21/05/2020
JOHANNESBURG
6744
Tax period 2021 P2

Tax payable on or before 26/02/2021

SARS Historical Information Our Historical Information

Year last assessed Year last assessed 2018
Normal Income Lump Sums 0.00
Basic Amount Taxable Income (excl LS) 1,500,000.00
Less : Capital Gains 0.00
Normal Income 1,500,000.00
% Increase 360,000.00
Estimated taxable income 1,860,000.00

Turnover

Estimated taxable income 1,860,000.00

Tax on estimated taxable income 686,679.00
Less: Rebates 14,958.00

Medical Credit 0.00

Tax for the full year 671,721.00

Provisional tax paid 92,854.50

Less: Employee's tax for this period (12 months) 0.00

Less: Foreign tax credits for this period (12 months) 0.00
Tax payable for this period 578,866.50
Add: Penalty 0.00
Add: Interest 0.00
Total Amount Payable 578,866.50

Y Y Y Y M M D D
NAIDOO MICHELLE
Signature of the provisional Name of the provisional taxpayer Date
taxpayer or representative or representative taxpayer

Payments can also be made at or electronically to: ABSA, FNB, NEDBANK, STANDARD BANK
Payment reference number 1207156645P00022021 Beneficiary ID/Account number SARS-PROV

Income tax reference number,P00,period,year

When making a payment always use the payment reference number. For bank payments, the beneficiary ID must be used as the account number.
Note: Payments that do not comply with both the above-mentioned payment reference number and the beneficiary ID will not be accepted.

Version 14/04/2020