Holdover Applications
　
Taxpayers may apply for holding over of provisional tax for the year of assessment 2019/20 if:
     - their income or profits for 2019/20 will fall by more than 10% from that in 2018/19; or
     - they cease employment, business or property ownership during the year; or
     - they are entitled to an allowance that has not been taken into account in the computation of

       2019/20 provisional tax
　
Application for holding over of provisional tax must be made in writing and should be lodged not later than:
     - 28 days before the due date for payment of the provisional tax, or
     - 14 days after the date of issue of the notice for payment of the provisional tax, whichever is the later.
　
For profits tax, taxpayers have to produce the latest management accounts of the business not less than 8 months and their estimate of the profits of loss for the rest of the year.