Difference between revisions of "2016-South African Normal Tax-Companies"
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INCOME TAX: SMALL BUSINESS CORPORATIONS | INCOME TAX: SMALL BUSINESS CORPORATIONS | ||
| − | Financial years ending on any date between 1 April | + | Financial years ending on any date between 1 April 2015 and 31 March 2016 |
{| class="wikitable" style="margin:auto" | {| class="wikitable" style="margin:auto" | ||
| − | |+ | + | |+ SMALL BUSINESS CORPORATIONS |
|- | |- | ||
! Taxable Income (R) !! Rate of Tax | ! Taxable Income (R) !! Rate of Tax | ||
Latest revision as of 16:49, 1 February 2024
2016 INCOME TAX: COMPANIES - Rate of Tax 28%
INCOME TAX: SMALL BUSINESS CORPORATIONS Financial years ending on any date between 1 April 2015 and 31 March 2016
| Taxable Income (R) | Rate of Tax |
|---|---|
| 0 - 73650 | 0% |
| 73 651 - 365 000 | 7% of the amount above 73 650 |
| 365 001 - 550 000 | 20 395 + 21% of the amount above 365 000 |
| 550 001 and above | 59 245 + 28% of the amount above 550 000 |
