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| | <li left:0; top:3.2em;">[[2020-SANT-Companies]]</li> | | <li left:0; top:3.2em;">[[2020-SANT-Companies]]</li> |
| | </ul> | | </ul> |
| − |
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| − |
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| − | South African Normal Tax for Companies
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| − | Ordinary companies are required to pay normal tax on their taxable income at a rate of 28%
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| − |
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| − | 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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| − | The rate is determined by reference to a sliding scale depending on the magnitude of the taxable income:
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| − |
| |
| − | {|
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| − | ! style="text-align:left;"| Taxable income
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| − | ! Tax
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| − |
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| − | |-
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| − |
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| − |
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| − | |-
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| − | |R0 to R75 000:
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| − | | R0
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| − | |-
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| − | |R75 001 to R365 000:
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| − | | 7% of the amount greater than R75 000
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| − | |-
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| − | |R365 001 to R550 000:
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| − | | R20 300 + 21% of the amount greater than R365 000
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| − | |-
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| − | |Greater than R550 000:
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| − | |R59 150 + 28% of the amount greater than R550 000
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| − | |-
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| − |
| |
| − | |}
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