I have a Flexitax® arrangement for more than one instalment of provisional tax. How are my payments applied?
Payments made via Flexitax® are applied to the oldest tax date first. For instance, if you had an arrangement in place for 28 August 2016 and 15 January 2017, all Flexitax® payments would be applied to 28 August 2016 until the liability at that date has been cleared. Any payments after that would then go…read more