Official source
Source domain: sars.gov.za
Collected on 28 June 2026
Always confirm details on the official source before acting.
Read out of this document by Govermate's AI, in its own words. Each one quotes the line it came from — confirm on the official source before acting.
Submit Turnover Tax returns and pay tax (annual submission window)
After registering for Turnover Tax, SARS states that you must submit Turnover Tax returns and pay tax every year during the period from 1 July to 31 January of the following year, and make the required payments/returns on the specified dates using TT02 and TT03.
Submit Turnover Tax returns and pay tax every year from 1 July to 31 January of the following year. Turnover Tax requires three payments: First payment/return: 31 August on the TT02 — Payment Advice for Turnover Tax . Second payment/return: 28 February on the TT02 and TT03 . Final
Reference
https://www.sars.gov.za/businesses-and-employers/small-businesses-taxpayers/smme-connect-13-february-2026-edition/
Amounts
R 2 005 300 000 000
Register for Turnover Tax (TT01) for qualifying small enterprises
Qualifying businesses with annual turnovers not exceeding R1 million can register for Turnover Tax, which simplifies tax compliance by levying tax on turnover rather than profit. SARS says businesses must observe registration deadlines, especially the 28 February cut-off, and then submit Turnover Tax returns and pay tax annually.
SARS encourages qualifying businesses to register for Turnover Tax, a system that simplifies tax compliance for small enterprises with annual turnovers not exceeding R1 million. To benefit from Turnover Tax, businesses must observe the registration deadlines, paying special attention to the 28 February cut-off.
