“effective date”, in relation to any year of assessment of a provisional taxpayer, means –

 

(a)     where the provisional taxpayer is a company which has a year of assessment which ends on the last day of February or is a person (other than a company) who has not been granted permission by the Commissioner under the provisions of section 66(13A) to render accounts for a period ending on a date other than the last day of February, the date falling seven months after the last day of such year; or

 

(b)     in any other case, the date falling six months after the last day of such year as applicable for the purposes of the provisions of paragraph 21 or 23 of the Fourth Schedule;

“normal tax” includes any additional amounts payable in terms of section 76 and paragraph 20 of the Fourth Schedule.

[Definition of “normal tax” added by section 42 of Act 113 of 93 and substituted by section 3 of Act 22 of 2018 effective on 17 January 2019]

“credit amount”, in relation to any year of assessment of any provisional taxpayer, means the sum of –

 

(a)     the provisional tax paid by the taxpayer under the provisions of paragraph 21, or 23 of the Fourth Schedule in respect of such year;

 

(b)     any additional provisional tax paid by the taxpayer in respect of such year under the provisions of paragraph 23A of that Schedule;

 

(c)     any amounts of employees tax deducted or withheld by the taxpayer’s employer during such year; and

 

(d)     any amount of foreign taxes which may be deducted from the tax payable by such taxpayer in respect of the relevant year of assessment in terms of the provisions of section 6quat;