| Current central tax |
Applicable range |
Rate |
| Company tax (non-mining) |
28% |
|
| Dividend tax |
15% |
|
| Micro businesses rate for entities with an annual turnover of </= R1m (elective provision and conditions apply) |
R0 – R150 000 |
0% |
| R150 001 – R300 000 |
1% of amount > R150 000 |
|
| R300 001 – R500 000 |
R1 500 + 2% of amount > R300 000 |
|
| R500 001 – R750 000 |
R5 500 + 4% |
|
| R750 001 + |
R15 500 +6% |
|
| Small business corporation rate for entities with annual turnover </= R14m |
R0 – R67 111 |
0% |
| R67 112 – R365 000 |
7% of amount > R67 111 |
|
| R365 001 – R550 000 |
R20 852 + 21% |
|
| R550 001 + |
R50 702 + 28% |
|
| Branch profit tax |
28% |
|
| Maximum individual tax rate |
40% |
Tax highlights: Current rates of taxation
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