Difference between revisions of "2019-South African Normal Tax-Companies"
(Created page with " Tax Guide 2019") |
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+ | 2019 | ||
+ | INCOME TAX: COMPANIES - Rate of Tax 28% | ||
+ | |||
+ | INCOME TAX: SMALL BUSINESS CORPORATIONS | ||
+ | Financial years ending on any date between 1 April 2018 and 31 March 2019 | ||
+ | {| class="wikitable" style="margin:auto" | ||
+ | |+ SMALL BUSINESS CORPORATIONS | ||
+ | |- | ||
+ | ! Taxable Income (R) !! Rate of Tax | ||
+ | |- | ||
+ | | 0 - 78 150 || 0% | ||
+ | |- | ||
+ | | 78 151 - 365 000 || 7% of the amount above 78 150 | ||
+ | |- | ||
+ | | 365 001 - 550 000 || 20 080 + 21% of the amount above 365 000 | ||
+ | |- | ||
+ | | 550 001 and above || 58 930 + 28% of the amount above 550 000 | ||
+ | |} | ||
[[Media:Budget_2018_Pocket_Tax_Guide.pdf|Tax Guide 2019]] | [[Media:Budget_2018_Pocket_Tax_Guide.pdf|Tax Guide 2019]] |
Latest revision as of 16:55, 1 February 2024
2019 INCOME TAX: COMPANIES - Rate of Tax 28%
INCOME TAX: SMALL BUSINESS CORPORATIONS Financial years ending on any date between 1 April 2018 and 31 March 2019
Taxable Income (R) | Rate of Tax |
---|---|
0 - 78 150 | 0% |
78 151 - 365 000 | 7% of the amount above 78 150 |
365 001 - 550 000 | 20 080 + 21% of the amount above 365 000 |
550 001 and above | 58 930 + 28% of the amount above 550 000 |