Difference between revisions of "South African Normal Tax Companies"

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South African Normal Tax for Companies
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<ul  left:-1em; top:50%; margin-top:-2.4em; width:38%; min-width:25em; font-size:95%;">
Ordinary companies are required to pay normal tax on their taxable income at a rate of 28%
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<li  left:0; top:3.2em;">[[2025-South African Normal Tax-Companies]]</li>
 
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<li  left:0; top:3.2em;">[[2024-South African Normal Tax-Companies]]</li>
A company qualifies for small business corporations tax if it meets the requirements of Section 12E(4)(a) of the Income Tax Act.
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<li  left:0; top:3.2em;">[[2023-South African Normal Tax-Companies]]</li>
The rate is determined by reference to a sliding scale depending on the magnitude of the taxable income:
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<li  left:0; top:3.2em;">[[2022-South African Normal Tax-Companies]]</li>
 
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<li  left:0; top:3.2em;">[[2021-South African Normal Tax-Companies]]</li>
{|
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<li  left:0; top:3.2em;">[[2020-South African Normal Tax-Companies]]</li>
! style="text-align:left;"| Taxable income
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<li  left:0; top:3.2em;">[[2019-South African Normal Tax-Companies]]</li>
! Tax
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<li  left:0; top:3.2em;">[[2018-South African Normal Tax-Companies]]</li>
 
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<li  left:0; top:3.2em;">[[2017-South African Normal Tax-Companies]]</li>
|-
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<li  left:0; top:3.2em;">[[2016-South African Normal Tax-Companies]]</li>
 
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<li  left:0; top:3.2em;">[[2015-South African Normal Tax-Companies]]</li>
 
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<li  left:0; top:3.2em;">[[2014-South African Normal Tax-Companies]]</li>
|-
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<li  left:0; top:3.2em;">[[2013-South African Normal Tax-Companies]]</li>
|R0 to R75 000
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<li  left:0; top:3.2em;">[[2012-South African Normal Tax-Companies]]</li>
| R0
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<li  left:0; top:3.2em;">[[2011-South African Normal Tax-Companies]]</li>
|-
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<li  left:0; top:3.2em;">[[2010-South African Normal Tax-Companies]]</li>
|R75 001 to R365 000
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<li  left:0; top:3.2em;">[[2009-South African Normal Tax-Companies]]</li>
| 7% of the amount greater than R75 000
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<li left:0; top:3.2em;">[[2008-South African Normal Tax-Companies]]</li>
|-
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</ul>
|R365 001 to R550 000
 
| R20 300 + 21% of the amount greater than R365 000
 
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|Greater than R550 000
 
|R59 150 + 28% of the amount greater than R550 000
 
|-
 
 
 
|}
 

Latest revision as of 10:54, 3 March 2026