2020-South African Normal Tax-Companies
2020 INCOME TAX: COMPANIES - Rate of Tax 28%
INCOME TAX: SMALL BUSINESS CORPORATIONS Financial years ending on any date between 1 April 2019 and 31 March 2020
| Taxable Income (R) | Rate of Tax |
|---|---|
| 0 - 79 000 | 0% |
| 79 001 - 365 000 | 7% of the amount above 79 000 |
| 365 001 - 550 000 | 20 020 + 21% of the amount above 365 000 |
| 550 001 and above | 58 870 + 28% of the amount above 550 000 |
