Difference between revisions of "2013-South African Normal Tax-Companies"

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Line 8: Line 8:
 
! Taxable Income (R) !! Rate of Tax  
 
! Taxable Income (R) !! Rate of Tax  
 
|-
 
|-
| Example || Example
+
| 0 - 63 556 || 0%
 
|-
 
|-
| Example || Example
+
| 63 557 - 350 000 || 7% of the amount above 63 556
 
|-
 
|-
| Example || Example
+
| 350 001 and above || 20051 + 28% of the amount above 350 000
 
|}
 
|}

Latest revision as of 15:42, 29 January 2024

INCOME TAX: COMPANIES - Rate of Tax 28%

INCOME TAX: SMALL BUSINESS CORPORATIONS Financial years ending on any date between 1 April 2012 and 31 March 2013

Caption text
Taxable Income (R) Rate of Tax
0 - 63 556 0%
63 557 - 350 000 7% of the amount above 63 556
350 001 and above 20051 + 28% of the amount above 350 000