2023-South African Normal Tax-Companies

From Taxopedia
Jump to: navigation, search

2023 Years of Assessment ending on any date on or after 31 March 2023. INCOME TAX: COMPANIES - Rate of Tax 27%

INCOME TAX: SMALL BUSINESS CORPORATIONS Years of assessment ending on any date between 1 April 2022 and 30 March 2023

SMALL BUSINESS CORPORATIONS
Taxable Income (R) Rate of Tax
0 - 91 250 0%
91 251 - 365 000 7% of the amount above 91 250
365 001 - 550 000 19 163 + 21% of the amount above 365 000
550 001 and above 58 013 + 28% of the amount above 550 000

Tax Guide 2023