2009-SANT-Companies

Financial years ending on any date between 1 April 2008 and 31 March 2009

South African Normal Tax for Companies Ordinary companies are required to pay normal tax on their taxable income at a rate of 28%

A company qualifies for small business corporations tax if it meets the requirements of Section 12E(4)(a) of the Income Tax Act. The rate is determined by reference to a sliding scale depending on the magnitude of the taxable income:

Taxable income	Tax
R0 to R46 000:	R0
R46 001 to R300 000:	10% of the amount greater than R75 000
R300 001 and above:	28% of the amount greater than R300 000