OrbitaxSouth Africa Updates Guide for Tax Rates, Duties, and Levies
|Approved Changes|South Africa
On 29 August 2024, the South African Revenue Service (SARS) published an updated Guide for Tax Rates/Duties/Levies (Issue 17), which provides a current and historical view of the rates of various taxes, duties, and levies collected by SARS. This includes:
- Corporate tax rates for:
- companies in general;
- mining companies;
- insurers;
- small business corporations;
- public benefit organisations or recreational clubs; and
- micro businesses;
- Personal income tax rates;
- Tax rates for trusts;
- Value-adde…