| Entity | Rate | Note |
|---|---|---|
| Company | 27% | Flat, on taxable income |
| Small business corporation | 0% to 27% | Sliding scale, conditions apply |
| Micro business, turnover tax | 0% to 3% | On turnover, not profit |
| Trust | 45% | Flat, unless income is distributed |
| Personal service provider | 27% | Company rate, limited deductions |
| Dividends paid out | 20% | Withheld from the shareholder |
| Taxable income | Rate |
|---|---|
| R0 to R95,750 | 0% |
| R95,751 to R365,000 | 7% of the amount above R95,750 |
| R365,001 to R550,000 | R18,848 plus 21% above R365,000 |
| Above R550,000 | R57,698 plus 27% above R550,000 |
| Profit | Company at 27% | Then dividends tax at 20% | Total | Effective rate |
|---|---|---|---|---|
| R200,000 | R54,000 | R29,200 | R83,200 | 41.6% |
| R500,000 | R135,000 | R73,000 | R208,000 | 41.6% |
| R1,000,000 | R270,000 | R146,000 | R416,000 | 41.6% |
| R2,000,000 | R540,000 | R292,000 | R832,000 | 41.6% |
Data maintained by TradeAnswers · updated as the figures change