2024-South African Normal Tax-Companies

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2024 Years of Assessment ending on any date between 1 April 2023 and 31 March 2024. INCOME TAX: COMPANIES - Rate of Tax 27%

INCOME TAX: SMALL BUSINESS CORPORATIONS Years of assessment ending on any date between 1 April 2023 and 31 March 2024

SMALL BUSINESS CORPORATIONS
Taxable Income (R) Rate of Tax
0 - 95 750 0%
95 751 - 365 000 7% of the amount above 95 750
365 001 - 550 000 18 848 + 21% of the amount above 365 000
550 001 and above 57 698 + 28% of the amount above 550 000

Tax Guide 2024