Category: Section 89bis (ITA) – Payments of employees’ tax and provisional tax and interest on overdue payments of such taxes

Section 89bis

 

  1. Subsection (1) amended by section 21 of Act 95 of 1967 and substituted by section 28 of Act 88 of 1971, section 45 of Act 85 of 1974 and section 35 of Act 94 of 1983 and deleted by section 271 of Act 28 of 2011 effective on 1 October 2012.

 

  1. Subsection (3) added by section 45 of Act 85 of 1974, amended by section 48 of Act 59 of 2000 and deleted by section 271 of Act 28 of 2011 effective on 1 October 2012.

 

  1. Section 89bis inserted by section 14 of Act 6 of 1963.

 

  1. Section 89bis to be repealed by section 271 of Act 28 of 2011 effective on a date determined by the President by proclamation in the Gazette.

Section 89bis (ITA) – Payments of employees’ tax and provisional tax and interest on overdue payments on such taxes

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89bis.     Payments of employees’ tax and provisional tax and interest on overdue payments of such taxes

 

(1)     ……….

 

(2)     If any amount of employees’ tax is not paid in full within the period of seven days prescribed for payment of such amount by paragraph 2(1) of the Fourth Schedule, or if any amount of provisional tax is not paid in full within the relevant period prescribed for payment of such amount by paragraph 21, 23, 23A or 25(1) of that Schedule, interest shall, unless the Commissioner having regard to the circumstances of the case otherwise directs, be paid by the person liable to pay the amount in question at the prescribed rate (but subject to the provisions of section 89quin) on so much of such amount as remains unpaid in respect of the period (reckoned from the end of the relevant period prescribed as aforesaid for payment of such amount) during which the amount underpaid remains unpaid.

[Subsection (2) amended by section 26(1) of Act 91 of 1982, by section 32(1) of Act 121 of 1984 and by section 21 of Act 65 of 1986 and substituted by section 11 of Act 18 of 2023]

 

(3)     ……….

 

89ter.  ……….