Difference between revisions of "South African Normal Tax Companies"

From Taxopedia
Jump to: navigation, search
Line 1: Line 1:
 +
<ul>
 +
<li  left:0; top:3.2em;">[[2008-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2009-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2010-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2011-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2012-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2013-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2014-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2015-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2016-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2017-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2018-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2019-SANT-Companies]]</li>
 +
<li  left:0; top:3.2em;">[[2020-SANT-Companies]]</li>
 +
</ul>
 +
 +
 
South African Normal Tax for Companies
 
South African Normal Tax for Companies
 
Ordinary companies are required to pay normal tax on their taxable income at a rate of 28%
 
Ordinary companies are required to pay normal tax on their taxable income at a rate of 28%

Revision as of 12:51, 21 February 2020


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 R75 000: R0
R75 001 to R365 000: 7% of the amount greater than R75 000
R365 001 to R550 000: R20 300 + 21% of the amount greater than R365 000
Greater than R550 000: R59 150 + 28% of the amount greater than R550 000
Retrieved from ‘http://taxopedia.co.za/mediawiki/index.php?title=South_African_Normal_Tax_Companies&oldid=96’