Taxation in South Africa

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Securities Transfer Tax (STT) was implemented from 1 July 2008 under the Securities Transfer Tax Act (2007) and Securities Transfer Tax Administration Act (2007). Simplistically, it is a tax of 0.25% on every transfer of a security. However, certain transactions such as "shorting" a share involve a usage of collateral instead of the actual security. When there is a transfer of collateral during a securities lending transaction, both income tax and securities transfer tax apply owing to the actual transfer of beneficial ownership. This tax was not changed in the 2020/21 budget.

19: 5392: 4300:) rates in South Africa range from 18% to 45% although the tax threshold of R78 150 (for persons below age 65) means that anyone earning less than this amount pays no income tax. Individuals earning less than R78 150 (2018) a year do not need to declare their income and do not need to submit an income tax return so long as their remuneration is from a single employer, their remuneration is for the full tax year and no allowance was paid, from which PAYE was not deducted in full with regards to travel allowance. 4578:

benefit organisations and property accruing to a surviving spouse. The amount of tax levied on the estate can be affected by applicable tax rebates and recovery of tax from beneficiaries where applicable. If, for example, a financial instrument such as a life insurance policy which is part of the estate is payable directly to a beneficiary, the policy amount is not included in the gross value of the deceased estate and the beneficiary of the policy becomes liable for the estate duty on the policy.

720: 4029:. As of 1 March 2018, this tax subjects cumulative donations in excess of R30 million made by persons to a flat rate of 25%. Natural persons have an annual exemption of R100 000. For taxpayers who are not natural persons, the exempt donations are limited to casual gifts not exceeding R10 000 per annum in total. Donations between spouses, South African group companies and donations to certain public benefit organisations are exempt from donations tax. 2395: 2383: 4902:

SARS on a monthly basis as part of the monthly employer declaration (EMP201). The employer deducts or withholds the amount of tax from its employees. The employer is able to claim a portion of this tax back in compensation for approved training undertaken by the employees that was paid for by the employer. The funds are distributed via the various Sector Educational and Training Authorities (SETA).

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the net gain exceeding R 40 000 exclusion for individuals is added to their taxable income. For companies, close corporations and trusts 80% is added. Net capital losses in any given year cannot be used as a set-off against ordinary income; but can be carried forward to the following years to be used as a set-off against future capital gains

2449:. Prior to 2001 the South African tax system was "source-based", where in income is taxed in the country where it originates. Since January 2001, the tax system was changed to "residence-based" wherein taxpayers residing in South Africa are taxed on their income irrespective of its source. Non residents are only subject to domestic taxes. 4149:

lifetime limit for individuals of R4 million was replaced with an annual limit. On 1 April 2015 the annual limit was increased to R10 million. Taxpayers who desire to transact in excess of the annual limit may apply to SARS for clearance to do so. On emigration, the limits are from R8 million to R20 million per family unit.

4104:

and therefore does not apply to sugary beverages that are locally produced for export (or as part of other exported goods). It is payable on goods imported into South Africa for local consumption. It generated R3.25 billion in the 2018/19 period, with levies on imports accounting for only 1.6% of that figure.

4272:

petroleum fuels and generated in excess of 200MW. The purpose to which the fuel is employed determines the diesel refund rate. For example, farmers are entitled to 100% refund of the RAF levy. The rates are adjusted annually. The refunds are administered via the VAT system and are offset against VAT payable.

4914:

If 80% or more of the expenditure of a national or provincial public entity is paid directly or indirectly from funds approved by parliament then such entities are exempt from paying SDL. As with the previous case, these entities are expected to budget for training equivalent to that which they would

4901:

Skills Development Levy (SDL) is a tax intended to develop employee skills through training. The tax is levied at 1% of the total salary paid to an employee, which includes any lump sum payments, bonuses, overtime payments, payment in lieu of leave, and commissions. The tax is paid by the employer to

4184:

Such taxpayers are subject to 45% tax on any foreign income earned in excess of R1 million. Income includes remuneration, interest, dividends and fringe benefits. This is applicable to individuals, companies, close corporations, trusts and estates and is subject to foreign tax credit where applicable

4148:

Exchange controls relate to two broad areas: 1) Transactions involving foreign currency purchases or sales. Such transactions are recorded by financial institutions and submitted to SARS. Taxpayers are required abide by the limits imposed on the transaction of foreign currency. On 5 November 2010 the

2479:

In 2018/19 financial year, South Africa had a tax-to-GDP ratio of 26.2% that was only slightly more than the 25.9% in 2017/18. The cost of collecting tax revenue has remained somewhat constant; decreasing slightly from 0.93% of total revenue in 2016/17 to 0.89% in 2017/18, while the 2018/19 financial

5269:

If the taxpayer uses the vehicle at least 80% of the time for business purposes then 20% of the travelling allowance is included in the taxpayer's remuneration for calculation of PAYE. If this is not the case, 80% of the travelling allowance is included in the taxpayer's remuneration for calculation

4235:

This tax covers accommodation supplied by the employer but does not apply to holiday accommodation hired by the employer from an institution not connected to the employer. The value of the benefit is calculated by applying a prescribed formula, available on the SARS website. If the employer does not

4164:

to have at least a 25% interest in these investments. Such investments generally require large transactions involving foreign currency and are subject to exchange controls. As from 1 April 2015, authorised companies may process corporate investments of up to R 1 billion per year, as well as carrying

4103:

On 1 April 2018 this tax was imposed on sugary beverages "in support of the Department of Health's deliverable to decrease diabetes, obesity and other related diseases." It applies to beverages with more than 4g of sugar per 100ml and is payable by the manufacturers. It is a domestic consumption tax

2530:

On 31 March 2019, the tax register of SARS had in excess of 26 million entries, excluding the following: 1) those cases where the persons or entities were suspended; 2) estates; and 3) entities with unknown addresses. Individuals made up 79% of the entries with an aggregate income of R1.7 trillion.

5144:

In 2017/18 fiscal year about 56% of the 773 783 registered VAT vendors were active and 35.5% of VAT vendors had a turnover of less than R1 million. People who are not South African passport holders and are not resident in South Africa are eligible to claim back VAT on movable goods purchased in the

4628:

of South Africa was subject to Withholding Tax on Interest at a flat rate of 15%. This was amended in the 2018/19 Budget to exempt non-residents who were out of the country for at least 181 days from income tax. Interest earned by non-residents is exempt from taxation if it is payable by any sphere

4577:

Estate duty is intended to tax the transfer of wealth from the deceased estate to the beneficiaries. The tax is levied on the gross value of the assets (in excess of R3.5 million) of the deceased person at the time of death, less any allowable deductions. These deductions include bequests to public

4343:

In comparison, in the 2017/18 financial year the South African population was 56.7 million, of which 4.9 million people (8.6%) were taxpayers. Of these, 1.7 million or 39% of all income taxpayers paid just under 91% of all income tax collected in that period. This means that the tax burden is being

4214:

As with a travelling allowance, 80% of the fringe benefit is included in the taxpayer's remuneration, unless the vehicle is used for business purposes at least 80% of the time, then the percentage is reduced to 20%. The fringe benefit is further reduced by the ratio of the annual distance travelled

4210:

Generally a fringe benefit of 3.5% of the determined value (cash cost plus VAT) of the vehicle per month is added to the taxpayer's remuneration. However, if the vehicle is covered by a maintenance plan this benefit is reduced to 3.25%. If the vehicle is obtained under lease, the determined monthly

4139:

This tax was implement on 1 February 2017 with the aim of reducing waste and/or disposal into landfills while also encouraging reuse, treatment and recycling of pneumatic tyres. All new tyres are subject to the levy (payable by the manufacturers) which is calculated on the nett mass of the tyre. In

4121:

This tax is imposed on international air travel. It was introduced in November 2000 at a rate of either R50 or R100 per passenger depending on their international destination. On 1 October 2011 the departure tax rate was changed to R190 per passenger on all international flights, excluding those to

4047:

The South African Government has responded to the global challenge of climate change by introducing several environmental taxes. These are intended to modify the behaviour of the country's citizens. Taxes on international trade and transactions (including the Diamond Export levy) are sometimes also

3035:

Any person who receives an income within South Africa has to be registered for tax purposes and if any employees of a company doing business within South Africa are registered for tax purposes with SARS, the company must register as an employer with SARS. Furthermore, any Tax-registered company has

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are collected by an intermediary from the person who bears the ultimate economic burden of the tax. The intermediary later files a tax return and forwards the tax proceeds to government with the return. Of the R1 216 billion collected by SARS in 2017/2018, 93% (or R1 133 billion) came from taxes on

5273:

Fuel costs may be claimed if the taxpayer has borne the full cost of the fuel used in the vehicle. Maintenance costs may be claimed if the taxpayer has borne the full costs of the maintenance of the vehicle. If the vehicle is covered by a maintenance plan the taxpayer may not claim the maintenance

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or trading stock so long as the vendor uses the goods in his/her enterprise. It's compulsory for a business to register VAT remission when the value of taxable supplies in a 12-month period exceeds or is expected to exceed R1 million. VAT in South Africa currently stands at 15% as of 1 April 2018.

4954:

is a tax levied on the value of any property (defined as land and fixtures including mineral rights and shares in a share-block company) acquired by any person by way of a transaction or in any other way. All property Conveyancers are requested to register with SARS. The tax is paid by the person

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On retirement a taxpayer may take up to the lesser of 1/3 of their retirement annuity fund or R500,000 as a tax free lump sum. In the case where the taxpayer has already made a withdrawal from the retirement annuity (not possible before age 55) that amount is deemed to be part of the tax free lump

4201:

Fringe benefits include items, services, and use of items or services which are not directly related to the nature of the business for which the taxpayer is employed. Fringe benefits result in an increase in the taxpayer's remuneration for the purposes of calculating PAYE and thus are taxed at the

4130:

This tax was aimed at reducing litter and encouraging plastic bag reuse and recycling. In June 2004, the plastic bag levy was introduced at a rate of 3 cents a bag on some types of plastic shopping bags. The levy was increased to 4 cents from April 2009, 6 cents from April 2013, 8 cents from April

4112:

This tax seeks to promote energy efficiency and reduce electricity demand by encouraging the use of energy saving light bulbs. On 1 November 2009 this tax was introduced at a rate of R3 per bulb. The tax was increased to R4 in April 2013, R6 in April 2016 and R8 per bulb in April 2018. R41 million

3799:

First introduced on 1 October 2001, capital gains tax is effectively charged by adding a percentage of the increase in value of an asset, that was disposed of for more than its base cost, to the taxpayer's taxable income (see normal tax). For individuals, deceased estates and special trusts 40% of

5261:

Where actual costs are not claimed, a rate per kilometre travelled for business travel claimed against an allowance or advance is used to determine the allowable deduction. The actual distance travelled by the vehicle for business purposes, as recorded in a log book is used to determine the costs

4876:

A security is defined as a share (depository) within a company or a member's interest in a close corporation (CC). As from 1 April 2012, the "right or entitlement to receive any distribution from a company or close corporation" is no longer deemed to be a security and is covered by dividends tax.

4339:

In 2015/16 financial year out of a total 33 million eligible taxpayers around 10% or 3.3 million people paid 93% of total income tax collected in that period. Of them, 1.1 million or 3.7% of all income taxpayers paid just under 70% of all income tax collected in that period. This means that South

4180:

A major change to the residence-based tax system was implemented with the 2019/20 budget. Previously the standard for the residence basis of taxation was 181 days, i.e. if a taxpayer was not present in South Africa for 181 days in any 12-month period they would not be considered resident in South

4171:

In the past several decades South Africans had accumulated illegal offshore income and assets. From June 2003 to February 2004 an exchange control amnesty was implemented which allowed such individuals the opportunity to "regularise" their affairs. This amnesty would have had the dual outcomes of

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Furthermore, in 2019 only 4.9 million taxpayers (23%) submitted returns and were assessed. Of the assessed taxpayers only 882 000 (18%) owed SARS some tax, 11.3% had a zero assessment and 70.7% received refunds. Furthermore, of the 4.9 million assessed tax payers 1.9 million (40.2%) were from the

4855:

A retrenchment package is severance pay that is required to be at least one week's remuneration per completed year of service. Remuneration is calculated including basic salary and payments in kind. Outstanding leave must be paid out in full. The entire value of the retrenchment package, less an

4347:

In the 2007/8 financial year there were 1219 individuals who earned in excess of R5 million per annum. In the 2017/18 financial year that number had not changed but their total income had dropped from R11.39 billion to R11.28 billion (a decrease of 0.9%) while the tax they paid (39.4% effective)

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which was 10% of declared dividends. This tax was replaced by Dividend Tax on 1 April 2012; however Secondary Tax on Companies credits was still used by some companies until 31 March 2015. Again the lowest tax bracket for Small Business Corporations was adjusted in the 2020/21 budget, creating a

3806:

SARS determines capital gain (or loss) on the disposal of an asset relative to the base cost of the asset. For most assets, the base cost is the price at which the asset was purchased. If the asset was held before 1 October 2001, the base cost is deemed to be the assessed value of the asset on 1

5089:

The Unemployment Insurance Fund (UIF) was created to provide short-term financial assistance to people who become unemployed or are unable to work owing to maternity, adoption leave or illness. The dependants of a deceased person who contributed to the UIF may also be entitled to some financial

3829:

In line with the changes in tax residence implemented with the 2019/20 budget, taxation of capital gains has become of greater interest. For resident taxpayers earning in excess of R1 million from offshore sources, the only means to legally avoid the 45% tax is to emigrate one's tax status. One

3814:

When shares are bought and sold the profit made from the disposal of the shares might be deemed by SARS to be capital in nature, or income in nature. If the disposal is capital in nature only 40% for natural person (80% for companies) of the profit is added to taxable income. If the disposal is

3227:

The Income Tax Act, No 58 of 1962 defines a company under South African law. Nearly 3.7 million companies were on the tax register in March 2017 but only 3.1 million in March 2018. Of these only 24.2% reported positive taxable income, while 48.3% reported zero taxable income and 27.4% reported

5265:

If the employer provides an allowance or advance based on the actual distance travelled by the taxpayer for business purposes, then no tax is payable on the allowance paid by the employer, up to a rate published on the SARS website. If the taxpayer receives any other allowance or reimbursement

4717:

Divorce settlement payments made by retirement funds are taxable in the hands of the non-member spouse. The 2020/21 budget saw no changes to this tax. The definition of retirement was expanded to include "termination of employment due attaining the age of 55 years, sickness, accident, injury,

5120:

The amount contributed under this tax is 2% of the remuneration paid to the employee, with a remuneration ceiling of R14 872 per month (as from 1 October 2012). The employee contributes 1% and the employer contributes the remaining 1%. The tax is paid on a monthly basis as part of the monthly

5030:

The intention of turnover tax is to make tax compliance and payment for micro businesses easier by reducing the amount of paperwork. Turnover tax replaces Income Tax, VAT, Provisional Tax, Capital Gains Tax and Dividends Tax for micro businesses with an annual turnover of R 1 million or less.

4271:

The diesel refund system was introduced on 4 July 2001 as a way to promote international competitiveness in the fishing, farming, forestry and mining industries. On 1 October 2007 the scheme was extended to include electricity generation for peak demand where the power plants in question used

3821:

Investments in Venture Capital (VC) Companies (so-called Section 12J Companies) are exempt from taxation at the time of the investment. After the period of investment the VC company will return the initial investment plus (or minus) any profit (or loss). In this instance, the base cost of the

2513:

SARS is driven by the aspiration to contribute directly to the economic and social development of the country by collecting the revenue due to enable government to deliver on its constitutional obligations, policy and delivery priorities in pursuance of better life for all in South Africa. By

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Organisations which either 1) only perform certain welfare, humanitarian, health care, religious or similar public benefit activities and are classified as public benefit organisations (PBO) under the Income Tax Act; or 2) provide funds only to a PBO and have a letter of exemption from a Tax

4573:

Inheritance tax applies to any person who owns property within South Africa. On death, all of a deceased person's assets are placed in a deceased estate. These assets may include both movable and immovable property. On finalisation of the administration of the deceased estate, the executor

5346:

Contributions by South African tax residents to pension, provident and retirement annuity funds are deductible by members of those funds (i.e. contributions made to funds on behalf of a third party are not deductible by the first party). The deduction is limited to the greater of 27.5% of

4781:

Royalties are paid to the owner of the land on which mining is taking place, which in a few cases is the government. The royalties used to be negotiated and were usually in the 1-3% range. In the 2020/21 Budget Royalties taxes are imposed at 15% on the gross amount of royalties payable to

3968:

In the 2017/18 tax year 24.2% (993 069) of 3.7 million companies in South Africa had taxable income. Of them, 57.7% of the tax was paid by 370 large companies (0.2% of all companies) with a taxable income in excess of R200 million. Around 70% of the tax collected was from the finance,

4892:

Sin taxes are taxes on the consumption of alcoholic beverages and tobacco products. These include: malt beer, unfortified wine, fortified wine, sparkling wine, ciders, spirits, cigarettes, cigarette tobacco, pipe tobacco and cigars. The tax rates are obtainable from the SARS website.

5141:(VAT) was first introduced in South Africa on 29 September 1991 at a rate of 10%. In 1993 VAT was raised to 14% and to 15% at the national budget speech in February 2018. If the given price on an item charged by a vendor does not mention VAT then that price is deemed to include VAT. 4002:

Dividends tax is considered a form of Withholding tax. An annual exemption of R23,800 (for taxpayers under 65 years) and R34,500 (for taxpayers 65 and over) applies to Dividends tax. From 1 March 2012 the exemption on foreign dividends earned by South African residents was scrapped.

5021:

Duty is payable within six months from the date of acquisition and thereafter is subject to interest at 10% per annum calculated on a monthly basis. The six-month period is calculated from the date on which the contract is signed, not the date on which the contract becomes binding.

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Three of the provinces of South Africa contributed 77.8% of the total tax revenue: Gauteng (49.0%), Western Cape (15.5%), and KwaZulu-Natal (13.3%). The provinces with the smallest contributions were the Northern Cape (1.3%), followed by Free State (3.2%) and North West (3.3%)

5402:(right) addresses attendees at the "Income Tax in South Africa: The First 100 Years" conference, with Professor Jennifer Roeleveld, Head: Taxation, Department of Finance and Tax, UCT and a conference organiser, looking on. (Photograph by Michael Hammond/University of Cape Town) 4267:

is a state insurer that provides insurance cover to all drivers of motor vehicles in South Africa in respect of liability incurred or damage caused as a result of a traffic collision. In April 2018 the road accident fund (RAF) contribution to the fuel price was R1.93 or 13.6%.

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A duty was imposed on a range of documents and transactions. However, it was abolished on 1 April 2009 when the Stamp Duties Act 77 of 1968 was repealed. Nonetheless, such duties are payable on lease agreements signed before 1 April 2009 that were not stamped at the time.

3795:

Capital gains Tax (CGT) includes all profits acquired from the sale of capital assets such as vehicles, real estates and others. Capital Gains are only taxable when the capital assets are sold or disposed of and are included in an individual or companies taxable income.

4905:

Employers whose salary bill in the last 12 months has exceeded R500 000, or whose expected salary bill for the next 12 months exceeds R500 000 are liable to pay SDL. Such employers are required to register for SDL but the following employers are exempt from paying SDL:

3815:

deemed to be income then 100% is added to taxable income. The determining factor for SARS in this instance is the intention behind the purchase of the shares. Generally, SARS views profit on the disposal of any shares held for more than 3 years to be capital in nature.

4859:

Prior to 1 March 2011 the exemption amount was R30,000. This figure was merged with the retirement lump sum tax exemption. This negated the possibility of a taxpayer, who was retrenched and retired within the same year, claiming two tax free lump sum exemptions.

2534:

In 2019, of the 22.1 million individual taxpayers only 6.6 million (31%) were expected to submit tax returns, while in 2020 the number of individual tax payers increased to 22.9 million but the number expected to submit tax returns fell to 6.3 million (27.5%).

4654:

This tax came into effect in 2009. The tax is on the cumulative amount withdrawn from a retirement fund within any tax year prior to retirement. The annual exemption has been R25,000 since the 2015/16 tax year. The 2020/21 tax year saw no change to this tax.

5282:

Deductions for donations to certain public benefit organisations is limited to 10% of the individual's taxable income (excluding retirement fund lump sums and severance benefits). Donations exceeding this amount are carried into the following tax year.

4790:

On 2 July 2005 the Local Government Municipal Property Rates Act 6 of 2004 was implemented. Municipalities determine both the value of the property and the rate at which it is taxed. Each municipality may determine its own rates and exclusion criteria.

4024:

Tax on donations is linked to Estate Duty which was first introduced in South Africa in 1955. It is not a tax on income but rather on the transfer of wealth but differs from estate duty in that it specifically taxes gifts and donations as opposed to

4292:

In March 1988 Standard Income Tax on employees (SITE) was introduced to limit the number of personal income tax returns. This system was repealed on 1 March 2011 and phased out from 2012 to 2014. The Pay-as-you-earn (PAYE) system replaced SITE.

5207:

A withholding tax on dividends of 20%. As of 1 April 2012, this replaced the secondary tax on companies (STC) since STC had created the impression that it was a further tax on companies. Dividend tax is a tax on individuals and non-resident

4226:

This covers loans given by the employer to the tax payer at a lower rate than the official interest rate. The difference between the interest charged by the employer and the official interest rate is included in the taxpayer's gross income.

4303:

In 2017/18 there were a total of 21.0 million registered individual taxpayers. There were a total of 4.9 million assessed taxpayers in 2017/18 with total taxable income of R1.5 trillion. The assessed tax due was R321.4 billion. The

5334:

the difference between 4x the medical tax credit and the individual's contributions to the medical scheme, limited to the amount which exceeds 7.5% of the individual taxable income (excluding retirement fund lump sums and severance

4880:

STT applies to a transfer of any security issued for a company or CC incorporated, established or formed in South Africa, as well as any other company listed on an exchange in South Africa. STT also applies to unlisted securities.

4260:. If consumed within the RSA these products are also subject to Excise Duty and the Road Accident Fund (RAF) levy. In April 2018, the fuel levy was R3.37 per litre, which represented 23.7% of the price of 93 octane fuel (inland). 3992:. With the imposition of a highest income tax bracket of 45% on individuals, dividends tax was increased at the same time to prevent capital gains tax vs dividends tax arbitrage situations involving high net worth individuals. 4910:

Public service employers from within the national or provincial sphere of government are expected to budget for training equivalent to that which they would be liable for under SDL and as such they are exempt from paying the

4581:

Assets inherited are deemed a capital receipt and are not included in the taxpayers gross income. Capital Gains Tax (CGT) is not payable on receipt of an inheritance though it is generally payable by the deceased estate.

4955:

acquiring the property or the person who benefits from a renunciation. The government uses property transfers to ensure tax compliance across all taxes, i.e. properties will not be transferred to non-compliant persons.

4131:

2016 and 12 cents from April 2018. From 1 April 2018 it was increased to 12 cents per bag and created a tax income in the 2018/19 tax year of R300 million. The 2020/21 budget saw the levy increase to 25 cents per bag.

4181:

Africa for tax purposes. The change in 2019/20 budget sees South African residents who are working overseas as residing in South Africa irrespective of the number of days they are physically present in South Africa.

3904:

The company income tax rate is levied at 28% (According to the Company Law No. 71 of 2008, as amended) of the taxable income of the company. This was not changed in the 2018/19 Budget. Certain companies qualify as a

2492:

The South African Revenue Service (SARS) is responsible for the collection of taxes within the Republic of South Africa. The mandate and vision of the South African Revenue Service, quoted from their website, is to:

1731: 4283:

This was a system of taxation of goods that was replaced by Value Added Tax in 1990. It was first introduced in 1978 at a rate of 4%. The final increase in the tax rate was in May 1989 which raised it to 13%.

5382:

the inclusion of capital gains contributions. Contributions exceeding this amount are carried forward to subsequent tax years and "offset against the retirement fund lump sums and retirement annuities."

5422:

marked that milestone, of the introduction of income tax in South Africa, with the "INCOME TAX IN SOUTH AFRICA: THE FIRST 100 YEARS 1914 – 2014" conference and later, a publication of papers presented.

5414:, introducing income tax in the country, with the Income Tax Act of 1914. Taxpayers in the Union of South Africa became liable to pay income tax, with effect from 20 July 1914. In 2014, 20 years since 4013:

Foreign dividends earned by South African resident individuals, where such individuals own less than 10% of the foreign shareholding of that company, is taxable at "a maximum effective rate of 20%."

3830:

effect of this process is the immediate triggering of capital gains tax liability on all assets the taxpayer has in South Africa. Capital gains taxation is triggered when an asset is disposed of by:

5031:

Businesses that pay turnover tax may still elect to stay with the VAT system. The tax is based on the turnover (gross income) of the company. Turnover tax remained unchanged in the 2020/21 budget.

4588:

Any income received by the deceased estate from the time it comes into existence until the distribution of the assets to the beneficiaries is dealt with under Section 25 of the Income Tax Act.

4308:

had 40.1% of assessed taxpayers and 27.3% of them employed in finance, insurance, real estate, or the business service sector. The age group 35 to 44 accounted for 27.2% of the assessed tax.

4218:

Further relief is available for cost of licence, insurance, maintenance, fuel for private travel if the full cost of these items had been borne by the taxpayer and substantiated by a log book.

5159:

Certain goods and services are Zero-rated, including exports, basic food items, petrol and diesel, and farming inputs. The zero-rating of these goods and services is subject to annual review.

5856: 4083:

per km driven. The tax was introduced in March 2011 at R100 and increased to R125 in 2013, R140 in 2016 and R150 in April 2018. This levy generated R1.39 billion in the 2018/19 period.

5216:

are considered income in the hands of the recipient of the dividend and are thus included in the total taxable income of the taxpayer and hence taxed at the taxpayer's marginal rate.

4574:

distributes the remaining assets to the beneficiaries. Beneficiaries are either legatees (who receive a specific asset) or heirs (who receive the balance after disposal to legatees).

5090:

relief. The UIF system is governed by the Unemployment Insurance Act (2001) and the Unemployment Insurance Contributions act (2002). The system came into operation on 1 April 2002.

5191:

A withholding tax on payments for fixed property which applies to any person who must pay a non-resident for immovable property in South Africa. This tax ranges between 5% and 10%.

4095:

and was introduced in July 2009 at a rate of 2 cents per kWh. The levy was increased in July 2012 to 3.5 cents per kWh. In 2018/19 the tax income for this levy was R8.4 billion.

4060:

The aim of this tax is to encourage owners of motor vehicles in South Africa to become more energy efficient and environmentally friendly. The tax is charged on the mass of CO

4714:

In addition, the taxpayer may only take a maximum of 1/3 of their retirement annuity fund value as a lump sum upon retirement and the remaining 2/3 must purchase an annuity.

4552:

in that it is a tax on the transfer of wealth. The duty is charged on the death of a person and is based on the value of the deceased's estate at the date of their death.

5162:

Certain categories of goods and services are exempt from VAT, including educational services and public transport. It is unlikely that these categories will be reviewed.

4244:

The Fuel levy, also known as "General Fuel Levy" is a tax payable by the licensed manufacturers of petroleum products within South Africa. Petroleum products include

5252:

2. Outside the republic of South Africa, specific amounts per country are deemed to have been expended. The details of these rates are available on the SARS website.

5219:

The 2018/19 Budget amends this tax such that if a non-resident is out of South Africa for at least 181 days in a 12-month period they are not subject to income tax.

4836:

Non-resident sellers of immovable property are subject to a provisional tax that is set off against their tax liability as non-residents. The following rates apply:

3973:

sector represented only 0.7% of all companies in South Africa and provided 7.2% of the assessed tax, reflecting the declining importance of the mining sector to the

628: 5132:(VAT) is a broad tax made by vendors on the supply of goods and services that is charged upon purchase. VAT must be paid irrespective of whether or not it is a 3803:

Capital gains tax is not payable on money or property inherited. If there is CGT payable it is usually the estate which is held liable. (See Inheritance Tax).

5081:

Turnover tax is paid in three payments to SARS, the first in August, the second in February and the third after final submission of the Turnover tax return.

4172:

broadening the tax base and regularising taxpayers' affairs without prosecution. 42 672 applications were reviewed covering assets totalling R 68.6 billion.

554: 4072:

per km driven. This tax was introduced in September 2010 for passenger vehicles at R75 and increased to R90 in 2013, R100 in 2016 and R110 in April 2018.

6215: 638: 559: 475: 4193:

Non-resident entertainers and sportspersons are taxed at 15% on the gross amount payable to them for their activities as entertainers or sportspersons.

757: 3765:, an act that had its origins in the New South Wales Act of 1895. The act has gone through numerous amendments with the act presently in force is the 3533:

The VAT component of the tax revenue SARS collected in 2017/18 can be further broken down into Domestic VAT and Imported VAT, as per the table below:

182: 3609:

The Fuel Levy component (R70.9 bn in 2017/18) of the Domestic tax revenue on Goods and Services can be further broken down as per the table below.

226: 4153: 701: 128: 4610:

of South Africa is treated as part of the taxpayer's total taxable income (and is taxed at their marginal rate), with the following exemptions:

4943:

This tax was introduced in March 1988 to limit the number of income tax returns filed annually. It was repealed in 2011 and abolished in 2013.

2514:

encouraging tax and customs compliance, we also aspire to contribute to the building of fiscal citizenship reflected by a law abiding society.

2933:

In the 2018/19 financial year, SARS collected R758.8 bn from taxes on Income and Profits. The table below gives a breakdown of this revenue.

2077: 177: 2759:

are taxes which are imposed on individuals, trusts, deceased estates, companies and close corporations; all of whom are otherwise known as

595: 4569:

The Intestate Succession Act, covering the estates for all deceased persons who have property in South Africa and who die without a will.

2768:

both Personal and Company Income and Profits, and taxes on Domestic Goods and Services, a combination of both direct and indirect taxes.

577: 573: 4533:

In 2017/18 section 11F of the tax code set a R350 000 cap on the 27.5% deductible contribution to a pension fund. (See Tax on Pensions)

5674: 2519:

The anchor for SARS to deliver on this mandate is the higher purpose and values which drives and informs all SARS employees' behaviour.

6121: 5180:

in South Africa to withhold or deduct tax from the payment, and pay that tax to the government. There are two categories of this tax:

1934: 643: 487: 5295:

1. A Medical Tax Credit, defined as a monthly contributions to medical schemes by the individual who paid the contribution of up to

6299: 1799: 1794: 517: 500: 5596: 5237:

If a taxpayer is obliged to spend at least one night away from his usual residence on business then the following can be claimed:

5093:

Contributions to the UIF are from all employees and their employers who are registered for employee's tax, with the exception of:

3984:

Dividends Tax is a policy tax imposed by government with the aim of encouraging companies to retain profits instead of giving out

1235: 6056: 5411: 478: 301: 238: 3524:*Includes Universal Service Fund, Turnover Tax for Micro Businesses, Tyre Levy and International Oil Pollution Compensation Fund 5203:

in South Africa to withhold or deduct tax from the payment, and pay that tax to the government. Instances of this tax include:

2148: 1741: 962: 750: 472: 458: 455: 452: 449: 446: 5877: 4813:

earns income that is not remuneration, an allowance or an advance payment. Income derived from equity dividends is an example.

4275:

In the 2020/21 budget the fuel levy was increased by 16 cents per litre and the road accident fund levy by 9 cents per litre.

1230: 730: 6190: 5910: 5469: 4925:

Any employer whose total salary bill over the next 12 months does not exceed R500 000, even if they had previously paid SDL.

3039:

Personal income tax is South Africa's largest source of revenue. In 2017/18 it contributed 38.1% of the total tax revenue.

2348: 1529: 533: 522: 319: 296: 279: 6374: 207: 6416: 4483: 2223: 432: 429: 426: 423: 420: 417: 414: 411: 408: 405: 402: 399: 396: 393: 390: 387: 384: 381: 378: 375: 372: 369: 366: 363: 360: 357: 354: 351: 4646:

From 1 March 2012 the exemption applicable to foreign interest earned by South African resident taxpayers was scrapped.

4010:

are subject to income tax, not dividends tax. Non-residents receiving those dividends are subject only to dividend tax.

2872:

The revenue obtained by SARS in the 2017/18 financial year for each of the above categories is further explained below.

2425: 2288: 1411: 923: 2508:

Provide a customs and excise service that will facilitate legitimate trade as well as protect our economy and society.

6411: 5785: 4598:

The South African government has agreements with some countries to avoid double taxation in relation to estate duty.

4545: 1749: 1497: 743: 547: 221: 6092: 2911:

Various tax loopholes have been identified by SARS over the years and have been successfully closed. These include:

6421: 1214: 160: 5621: 3970: 2880:

The Tax Administration act, 2011 deals with offences regarding tax. A person commits an offence if they fail to:

1396: 992: 324: 4824:

the individual's income from interest, dividends, rental and remuneration is less than R30 000 for the tax year

2446: 2353: 2072: 529: 6360: 5728: 5152:

taxes are imposed on the cost of the goods. VAT is then applied to the total of the cost of the item and the

4168:

As from 1 April 2015, credit cards for both corporates and individuals may be used for foreign transactions.

3875:

R300 000 once-off exclusion on death of individuals in the year of death. This replaces the annual exclusion;

2476:

86.4 billion) in tax revenue, a figure R71.2 billion (or 5.8%) more than that from the previous fiscal year.

2358: 1317: 786: 696: 623: 585: 267: 202: 4606:

Tax on interest is a broad category of tax covering any interest earned by a taxpayer. Interest earned by a

5213: 4007: 2056: 1347: 706: 666: 618: 121: 4884:

Before 2007 this tax was composed of two parts: Marketable Securities Tax and Uncertified Securities Tax.

4773:

Taxes on mining leases and ownership are calculated at different rates for the various mining activities.

5323:

the difference between 3x the medical tax credit and the individual's contributions to the medical scheme

4559:

The Administration of Estates Act, which regulates the disposal of the deceased's estate in South Africa;

2298: 2268: 600: 5552:"Tax Implications for South African Forex traders Who Reside in South Africa – Trade Forex South Africa" 3685:

In the 2017/18 financial year SARS collected R49.9 bn in taxes on International trade and transactions.

5703: 4629:

of the South African government or a bank or if the debt is listed on a recognised exchange. (See also

4585:

On 21 February 2018 Estate Duty was set at 20% for estates of up to R30 million and 25% on the excess.

4157: 3769:

of 1962 which contains provisions for four different types of income tax. These four types of tax are:

2442: 1679: 1151: 671: 314: 195: 141: 4340:

African income tax receipts are highly reliant on a relatively small number of high income taxpayers.

3148:

There was no change in the personal income tax table for the period 1 March 2024 to 28 February 2025.

2903:

A person convicted of these offences may be liable to a fine or imprisonment not exceeding two years.

6321: 5525: 4640:

days, and if the interest bearing debt is not "effectively connected" to a South African business is

3999:

and took the form of a 10% tax on the net dividend distributed by companies and closed corporations.

1726: 1304: 1261: 1112: 967: 816: 681: 512: 507: 339: 260: 148: 4922:

Any municipality which has been issued with a certificate of exemption from the Minister of Labour.

2464:. Local government revenues come primarily from grants from central government funds and municipal 1736: 1220: 633: 95: 5838: 2890:

fail to register or amend a registration in the instance where registered details have changed; or

5419: 5395: 4636:

In the 2020/21 budget the interest earned by any non-resident of South Africa, who is absent for

4344:

spread amongst a larger group than the previous year, but that the tax base is still very small.

3974: 3822:

investment is deemed by SARS to be R0 (zero Rand). This means that the entire initial investment

2333: 2273: 1784: 1779: 1401: 1282: 933: 212: 172: 3416:

In the 2017/18 financial year SARS collected R422.2 bn in domestic taxes on goods and services.

6216:"SPECIFIC EXCISE DUTIES ON LOCALLY MANUFACTURED OR ON IMPORTED GOODS OF THE SAME CLASS OR KIND" 5743: 4161: 2418: 2243: 2128: 2123: 1719: 1298: 1117: 691: 590: 291: 5112:

A member of a municipal or traditional council or traditional leader, such as the King of the

4614:

For persons younger than 65, R23 800 of interest earned per annum is exempt from taxation; and

3231:

SARS collected R220.2 bn from companies in the 2017/18 financial year as per the table below.

5266:

related to the vehicle (excluding parking and toll fees) then this exception is not applied.

5109:

National and provincial ministers and premiers, including the President and Deputy President.

5100:

Employees employed under contract in terms of the Skills Development act 1998, Section 18(2);

4387: 2480:

year showed a further improvement in the cost of revenue collection, which dropped to 0.84%.

2323: 2248: 2213: 2198: 2118: 2108: 1352: 1272: 1267: 1188: 5106:

Expatriate employees who will return home on completion of their term of service/employment;

4617:

For persons 65 years or older, R34 500 of interest earned per annum is exempt from taxation.

3807:

October 2001. Any profit made on the disposal of the asset would then be the capital gain.

2343: 2308: 2283: 2163: 2143: 1310: 987: 848: 4215:

for business versus the total distance travelled annually as substantiated by a log book.

109: 8: 6273: 5643: 2363: 2263: 2258: 2203: 2188: 2178: 2173: 2168: 2113: 2103: 2098: 2082: 1952: 1898: 1701: 1209: 724: 686: 676: 18: 6247: 4236:

have full ownership of the property the benefit is defined as the cost to the employer.

4856:

exemption amount, is included in the taxpayer's taxable income for the financial year.

4817:

If a taxpayer meets the above criteria but does not carry on any business and, either:

4264: 3989: 3872:

R40 000 annual exclusion of capital gains (or loss) for individuals and special trusts;

2469: 2338: 2328: 2313: 2303: 2278: 2228: 2193: 2183: 2153: 2138: 2133: 1988: 1903: 1691: 1655: 1576: 1455: 1173: 811: 5195:

2) It is a government requirement for a South African payer of an item of income to a

5176:

1) It is a government requirement for a South African payer of an item of income to a

6146: 5781: 5399: 5391: 5378:

The deduction is further limited to the lower of R350 000 or 27.5% of taxable income

4821:

the individuals taxable income will not exceed the tax threshold for the tax year; or

3761:

Income tax in South Africa was first introduced in 1914 with the introduction of the

2411: 2253: 2238: 2233: 2208: 2158: 1958: 1669: 1621: 1561: 1477: 1418: 1130: 1097: 903: 4305: 3689:

Breakdown of Domestic tax revenues on International Trade and Transactions 2017/18

2293: 2218: 1824: 1789: 1769: 1581: 1549: 1423: 1277: 1028: 5185: 5170: 5145:

country provided they present a tax invoice (such as a receipt) for those goods.

5138: 5129: 3878:

R1.8 million once-off exclusion on disposal of small businesses under R10 million

2461: 2457: 2387: 2003: 1861: 1856: 1591: 1554: 1465: 1430: 1332: 1256: 1092: 1052: 1018: 928: 918: 913: 908: 826: 307: 153: 5184:

As from 1 January 2015 a withholding tax on royalties of 15% is imposed, unless

3988:. It takes the form of a 20% tax on receipt of dividends given by companies and 6396: 5551: 1946: 1918: 1893: 1754: 1596: 1391: 1327: 1225: 1163: 1067: 1062: 1045: 1023: 165: 4624:

As from 1 March 2015, interest earned by or paid to or for the benefit of any

6405: 4467: 4419: 2018: 1686: 1611: 1502: 1435: 1369: 1337: 1204: 1146: 1107: 1087: 1057: 972: 893: 888: 863: 853: 795: 563: 5939: 4160:

policies from 15 February 2006 require South African corporates and certain

3329:

In the 2017/18 financial year SARS collected R16.5 bn in taxes on property.

3019:

Dividends Tax & Secondary Tax on Companies combined for 2018/19 tax year

5415: 5133: 5113: 4499: 4371: 2764: 2756: 2399: 1913: 1696: 1665: 1636: 1616: 1507: 1492: 1472: 1386: 1381: 1183: 977: 284: 231: 6346: 6168: 4325:

The 2020/21 tax year also saw the following increases in the tax rebates:

3022:

Includes tax on retirement funds, small business tax amnesty proceeds and

2539:

Gauteng province and 1.3 million (27.3%) were in the 35 – 44 age bracket.

946: 29:

Constituents of South African taxation receipts for the tax year 2018/19.

4249: 4026: 3913:

pay a tax of 33%. Dividends were subject to an additional tax called the

2465: 2441:

may involve payments to a minimum of two different levels of government:

1908: 1646: 1606: 1524: 1460: 1406: 1342: 1168: 1158: 1102: 982: 883: 878: 836: 821: 243: 4311:

The 2020/21 tax year saw the following increases in the tax thresholds:

4451: 3969:

manufacturing, and retail and wholesale trade sectors. In 2017/18 the

3036:

to register its employees with SARS, irrespective of their tax status.

2453: 2013: 1983: 1866: 1851: 1774: 1706: 1674: 1626: 1601: 1586: 1487: 1482: 1450: 1376: 1082: 1077: 898: 858: 804: 5173:, also called retention tax, is broadly applicable to two categories: 5407: 4591:

Donations from within an estate are treated as normal donations (see

4257: 4016:

No changes was made with regards to dividends in the 2020/21 Budget.

3985: 2531:

The tax register increased to more than 27 million entries for 2020.

1846: 1764: 1759: 1445: 1440: 1251: 1178: 868: 272: 6361:"UCT Conference Celebrating a Century of Income Tax in South Africa" 5410:, in his capacity as Minister of Finance, tabled legislation in the 2915:

cross-border mismatches, insurance payments and interest exemptions;

6375:"Income Tax in South Africa: The First Hundred Years (1914 – 2014)" 4563: 4253: 4245: 2543:

Tax Register & Quick comparison of statistic for 2019 and 2020

2503:

Ensure optimal compliance with Tax, Customs and Excise legislation.

2008: 1976: 1660: 1650: 1571: 1566: 1539: 1512: 1322: 1072: 1013: 1008: 841: 5262:

which may be claimed. This rate is available on the SARS website.

4006:

The dividends received by South African resident individuals from

5320:

33.3% of qualifying medical expenses borne by the individual, and

4555:

There are three statutes governing inheritances in South Africa:

4435: 4403: 4211:

value is the monthly cost under the lease plus the cost of fuel.

4122:

Botswana, Lesotho, Namibia and eSwatini which are taxed at R100.

3420:

Breakdown of Domestic tax revenues on Goods and Services 2017/18

1819: 1641: 1544: 1534: 873: 831: 5298:

R319 for each of the first two people covered by the scheme, and

4718:

incapacity, redundancy or termination of the employer's trade."

3680: 5331:

25% of qualifying medical expenses borne by the individual, and

4621:

No change was made to interest taxation in the 2020/21 Budget.

4152:

2) Direct foreign investments, which are often mediated by the

3756: 3043:

Breakdown of tax revenues from Persons and Individuals 2017/18

2899:

refuse or neglect to take an oath or make a solemn declaration.

2382: 2028: 1839: 1834: 1829: 1631: 1519: 22:

South African national government budget breakdown for 2019/20.

5843:

USDTOZAR Updated Forex Trading Rates EUR POUND AUD JPY CAD CHF

5839:"Forex Trading I Suth Africa I Forexafrica I Cryptocurrencies" 6300:"Budget in a nutshell: New hope amid VAT and other tax hikes" 3860:

R2 million gain (or loss) on disposal of a primary residence;

2043: 2038: 2033: 2023: 1998: 1993: 1940: 1812: 4116: 5775: 2473: 5812: 4938: 4828:

then the taxpayer is not required to pay provisional tax.

4806:

cannot be a deceased estate and is any person who either:

2937:

Breakdown of tax revenues from Income and Profits 2018/19

6391: 4802:

is an estimation of total taxable income for the year. A

3869:

payments made in respect of long term insurance policies;

2896:

knowingly submit a false tax certificate or statement; or

778: 4188: 4722:

Taxation of retirement lump sums or severance benefits

4202:

taxpayers usual tax rate (unless otherwise specified).

4140:

2018/19 the tyre levy generated R730 million in taxes.

4064:

gas emitted per km driven, specifically each gram of CO

4221: 3885:

Maximum effective tax rates for Capital gains remain:

3856:

The specific exclusions of capital gains tax, namely:

6392:

www.sars.gov.za South African Revenue Service website

4831: 4051: 1743:

European Union Common Consolidated Corporate Tax Base

555:

Department of International Relations and Cooperation

6051: 6049: 6047: 6045: 6043: 6041: 6039: 6037: 6035: 6033: 6031: 6029: 6027: 6025: 6023: 6021: 6019: 6017: 6015: 6013: 6011: 6009: 6007: 6005: 6003: 6001: 5999: 5997: 5995: 5993: 5991: 5989: 5987: 5985: 5983: 5981: 4810:

earns remuneration from an unregistered employer; or

2928: 2924:

certain classes of preference and guaranteed shares.

5979: 5977: 5975: 5973: 5971: 5969: 5967: 5965: 5963: 5961: 5807: 5805: 5803: 5801: 5799: 5797: 5464: 5462: 5460: 5458: 5456: 4768: 4544:is also referred to as Estate Duty and is a tax on 4165:forward any unused allowances from previous years. 3030: 5669: 5667: 5665: 5454: 5452: 5450: 5448: 5446: 5444: 5442: 5440: 5438: 5436: 5286: 5097:Employees employed for less than 24 hours a month; 4033: 3216:R644 489 + 45% of taxable income above R1 817 000 2887:fail to issue a document to a person as needed; or 5878:"Tax on Inheritance, Donations, Deceased estates" 5780:. Roggebaai, South Africa: H&H Publications. 5771: 5769: 5767: 5765: 5763: 5761: 3235:Breakdown of tax revenues from Companies 2017/18 6403: 6191:"Do we pay too much income tax in South Africa?" 5958: 5794: 5341: 5015:R1 026 000 + 13% of the value above R11 000 000 4705: 4536: 4348:increased by R21 million (an increase of 0.5%). 3995:Prior to 1 April 2012 this tax was known as the 3333:Breakdown of tax revenues from Property 2017/18 3208:R251 258 + 41% of taxable income above R857 900 3200:R179 174 + 39% of taxable income above R673 000 3192:R121 475 + 36% of taxable income above R512 800 2918:interest cost allocation for finance operations; 2452:Central government revenues come primarily from 5870: 5738: 5736: 5662: 5520: 5518: 5516: 5514: 5433: 4107: 4091:This tax applies to electricity generated from 3184:R77 362 + 31% of taxable income above R370 500 3176:R42 678 + 26% of taxable income above R237 100 3143: 6292: 6116: 6114: 5758: 5696: 5544: 5512: 5510: 5508: 5506: 5504: 5502: 5500: 5498: 5496: 5494: 4863: 4762:R130 500 + 36% of the amount above R1 050 000 4649: 3411: 6087: 6085: 6083: 6081: 5905: 5903: 5901: 5899: 5897: 5895: 3681:Taxes on International Trade and Transactions 3152:Income Tax: Individuals and Trusts (2024/25) 2875: 2419: 751: 6183: 5940:"FAQ: How should the STC credit be applied?" 5831: 5733: 5103:National or provincial government employees; 5007:R88 250 + 11% of the value above R2 475 000 4999:R44 250 + 8% of the value above R 1 925 000 4991:R11 250 + 6% of the value above R 1 375 000 4850: 4699:R203 400 + 36% of the amount above R990 000 4691:R114 300 + 27% of the amount above R660 000 4230: 3757:Explanation of tax types within South Africa 2468:. In the 2018/19 fiscal year SARS collected 77: Other direct and indirect taxes (4.2%) 6208: 6161: 6111: 5614: 5597:"Tax Chronology of South Africa: 1979-2015" 5491: 4785: 4754:R36 000 + 27% of the amount above R700 000 4318:R128 650 for people aged between 65 and 75. 3849:the physical emigration of the taxpayer; or 2884:submit a tax return or document to SARS; or 6266: 6078: 5892: 5730:Budget 2025 SARS Individual Tax Rates 2025 5636: 5591: 5589: 5587: 5585: 5386: 4896: 4871: 4296:Individual income tax (otherwise known as 4205: 3962:R58 583 + 28% of the value above R550 000 3954:R19 733 + 21% of the value above R365 000 3826:any profit on disposal is subject to GCT. 2426: 2412: 758: 744: 6341: 6339: 6314: 6242: 6240: 5583: 5581: 5579: 5577: 5575: 5573: 5571: 5569: 5567: 5565: 5232: 5084: 4117:International air passenger departure tax 3716:Miscellaneous customs and excise receipts 3537:Breakdown of tax revenues on VAT 2017/18 1935:Institute on Taxation and Economic Policy 6367: 5849: 5602:. South African Reserve Bank. March 2015 5390: 5247:Meals and incidental costs, R452 per day 5124: 5075:R6 650 + 3% of the value above R750 000 5067:R1 650 + 2% of the value above R500 000 4287: 4098: 4075:For double-cab vehicles the tax is on CO 3528: 2742:Nett VAT (incl. payments, refunds, etc.) 17: 6353: 5932: 5412:Parliament of the Union of South Africa 5256: 5241:1. Within the Republic of South Africa 4939:Standard income tax on employees (SITE) 4332:R8 199 Secondary (Persons 65 and older) 4315:R83 100 for people below the age of 65. 4185:dual taxation agreements are in force. 4113:was generated by this levy in 2018/19. 3918:small tax saving for these businesses. 3889:18% for individuals and special trusts; 2739:Includes interest on overdue income tax 88:This article is part of a series on the 6404: 6347:"Hundred Year Milestone for Taxpayers" 6336: 6237: 5778:Notes on South African Income Tax 2005 5776:Huxham, Keith; Hauput, Philip (2004). 5562: 5312:has a spouse or child that is disabled 4868:This tax was abolished in March 2007. 4352:Taxable income by province in 2017/18 4335:R2 736 Tertiary (Persons 75 and older) 4321:R143 850 for people aged 75 and above. 4042: 2772:Categories of Tax within South Africa 2525: 6324:. South African Consolate in New York 4659:Taxation of pre-retirement lump sums 4189:Foreign entertainers and sportpersons 3899: 3222: 5355:the remuneration for PAYE purposes, 5328:3. Any other individual may deduct: 4630: 4601: 4278: 4143: 3790: 3784: 3324: 3023: 2832:International trade and transactions 2751: 6139: 5920:. The South African Revenue Service 5684:. The South African Revenue Service 5479:. The South African Revenue Service 5291:Individuals are allowed to deduct: 5244:Incidental costs only, R139 per day 4776: 4222:Interest-free or low-interest loans 4125: 4086: 3852:the tax emigration of the taxpayer. 3613:Breakdown of the Fuel Levy 2017/18 71: Specific excise duties (3.2%) 13: 6397:South African Reserve Bank website 6122:"AA – The cost of petrol (inland)" 5301:R215 for each additional dependant 5165: 4832:Property disposal by non-residents 4794: 4592: 4549: 4196: 4175: 3776: 2893:keep records as needed by SARS; or 108: 14: 6433: 6385: 5222: 4983:3% of the value above R1 000 000 4746:18% of the amount above R500 000 4562:The Wills Act, which affects all 2929:Direct Taxes on Income and Profit 1750:Global minimum corporate tax rate 35: Personal income tax (38.3%) 5317:then that individual may deduct 4946: 4769:Mining lease and ownership Taxes 4683:18% of the amount above R25 000 4019: 3979: 3031:Taxes on Persons and Individuals 2906: 2393: 2381: 1215:Base erosion and profit shifting 785: 718: 47: Company income tax (16.6%) 6254:. South African Revenue Service 6099:. South African Revenue Service 5622:"US dollar / ZAR exchange rate" 5371:retirement fund lumps sums, and 5287:Medical and disability expenses 5121:employer declaration (EMP201). 5059:1% of the value above R350 000 5025: 2472:1 287.7 billion (equivalent to 993:Optimal capital income taxation 5722: 5675:"Tax Statistics 2019 Full Doc" 5470:"Tax Statistics 2019 Full Doc" 5361:taxable income of the taxpayer 4566:with property in South Africa; 4239: 4056:tax on motor vehicle emissions 4037: 3946:7% of the value above R83 100 2073:List of countries by tax rates 1: 5813:"Notes on SA Income Tax 2018" 5426: 5418:became a full democracy, the 5342:Retirement fund contributions 5227: 4929: 4919:Exemption Unit (TEU) of SARS. 4840:Non-resident individuals 7.5% 4706:Lump-sums upon retirement tax 4537:Inheritance tax / Estate duty 4034:Inheritance tax / Estate duty 1498:Natural resources consumption 697:Politics of the Northern Cape 203:National Council of Provinces 5309:65 years of age or older, or 5277: 4887: 4548:. Estate duty is similar to 4134: 4108:Incandescent light bulb levy 3810:There are a few exceptions. 3604: 3144:Personal income tax brackets 2783:Percentage of Total Revenue 1348:United States as a tax haven 707:Politics of the Western Cape 667:Politics of the Eastern Cape 7: 5744:"Income Tax Act 58 of 1962" 4864:Retirement funds income tax 4650:Lump-sum pre-retirement tax 4048:included in this category. 3846:the death of the tax payer; 3412:Taxes on Goods and Services 2843:Miscellaneous State Revenue 2821:Domestic goods and services 2487: 65: Customs duties (4.3%) 10: 6438: 6417:Government of South Africa 5746:. South African Government 4843:Non-resident companies 10% 4363:Taxable income (R billion) 3997:Secondary Tax on Companies 3915:Secondary Tax on Companies 3907:small business corporation 3781:secondary tax on companies 2876:Offences under the tax act 1262:Offshore financial centres 1152:Repatriation tax avoidance 672:Politics of the Free State 6302:. Fin24. 21 February 2018 4851:Retrenchment packages tax 4366:Tax Assessed (R billion) 4231:Residential accommodation 3882:apply to tax emigration. 3228:negative taxable income. 3092:Employment Tax incentives 2556: 2553: 2550: 2547: 2498:Collect all revenues due. 1727:Financial transaction tax 817:Property tax equalization 682:Politics of KwaZulu-Natal 518:Metropolitan municipality 6412:Taxation in South Africa 6127:. The AA of South Africa 5306:2. If an individual is: 5148:When goods are imported 5004:R2 475 001 – R11 000 000 4915:be liable for under SDL. 4786:Municipal Property Rates 3909:(see tax table below). 3892:22.4% for companies; and 3640:Road Accident Fund (RAF) 2780:Revenue in Rands 2017/18 2078:Tax revenue to GDP ratio 1737:Currency transaction tax 1318:Liechtenstein tax affair 629:Political assassinations 501:Administrative divisions 239:Leader of the Opposition 6422:Economy of South Africa 6322:"Taxes and VAT Refunds" 6057:"Budget 2020 Tax Guide" 5911:"Budget 2019 Tax Guide" 5420:University of Cape Town 5398:, 17 November 2014: Dr 5396:University of Cape Town 5387:Centenary of income tax 4996:R1 925 001 – R2 475 000 4988:R1 375 001 – R1 925 000 4980:R1 000 001 – R1 375 000 4897:Skills development levy 4872:Securities Transfer Tax 4846:Non-resident trusts 15% 4664:Taxable income (annual) 4642:exempt from income tax. 4206:Employer-owned vehicles 3371:Securities Transfer Tax 3295:Interest on overdue tax 3114:Interest on overdue tax 2953:Persons and Individuals 1785:Permanent establishment 1780:Exchange of Information 1283:Financial Secrecy Index 934:Medical savings account 725:South Africa portal 302:Supreme Court of Appeal 213:Refilwe Mtsweni-Tsipane 5819:. H&H Publications 5704:"Registering for PAYE" 5403: 5233:Subsistence allowances 5085:Unemployment insurance 4329:R14 958 Primary Rebate 4038:Donation tax deduction 3447:Specific excise duties 3168:18% of taxable income 1680:Vehicle miles traveled 1299:Ireland as a tax haven 1113:Private tax collection 702:Politics of North West 692:Politics of Mpumalanga 574:Diplomatic missions of 113: 59: Dividends (2.3%) 53: Fuel levy (5.9%) 23: 5406:During 1914, General 5394: 5125:Value Added Tax (VAT) 5012:R11 000 001 and above 4751:R700 001 – R1 050 000 4595:) and taxed as such. 4288:Individual income tax 4099:Health Promotion levy 4093:non-renewable sources 4079:emitted above 175g CO 4068:emitted above 120g CO 3975:South African economy 3895:36% for other trusts. 3529:Value-Added Tax (VAT) 3436:Value-Added Tax (VAT) 3205:R857 901 – R1 817 000 2921:transfer pricing; and 2799:Payroll and workforce 1353:Panama as a tax haven 1305:Ireland v. Commission 1273:Conduit and sink OFCs 1268:Offshore magic circle 1189:Unreported employment 523:District municipality 112: 21: 6149:. Road Accident Fund 6093:"Income Tax Notices" 5257:Travelling allowance 4959:Transfer Duty Rates 4804:provisional taxpayer 4759:R1 050 001 and above 3971:mining and quarrying 3911:Employment companies 3866:retirement benefits; 3863:personal use assets; 3767:Income Tax Act No 58 3763:Income Tax Act No 28 3700:Percentage of total 3624:Percentage of total 3548:Percentage of total 3431:Percentage of total 3344:Percentage of total 3246:Percentage of total 3213:R1 817 001 and above 3054:Percentage of total 2948:Percentage of total 2349:United Arab Emirates 2091:Individual Countries 1800:Foreign revenue rule 1592:Inheritance (estate) 1311:Leprechaun economics 297:Constitutional Court 280:Deputy Chief Justice 6363:. 17 November 2014. 6349:. 17 November 2014. 5064:R500 001 – R750 000 5056:R335 001 – R500 000 5036: 4960: 4743:R500 001 – R700 000 4723: 4688:R660 001 – R990 000 4660: 4360:Number of taxpayers 4353: 4298:Personal income tax 4043:Environmental Taxes 3990:closed corporations 3951:R365 001 – R550 000 3923: 3922:Small Business Tax 3727:Diamond export levy 3690: 3614: 3538: 3483:Environmental taxes 3421: 3334: 3262:Assessment payments 3236: 3197:R673 001 – R857 900 3189:R512 801 – R673 000 3181:R370 501 – R512 800 3173:R237 101 – R370 500 3153: 3081:Assessment payments 3044: 2938: 2773: 2544: 2526:Number of taxpayers 2445:through SARS or to 2388:Business portal 2083:Tax rates in Europe 1953:Tax Justice Network 1899:Dhammika Dharmapala 1402:Airport improvement 1210:Transfer mispricing 1001:Distribution of Tax 773:Part of a series on 687:Politics of Limpopo 677:Politics of Gauteng 661:Provincial politics 320:Magistrate's courts 6195:businesstech.co.za 6169:"About Income Tax" 5556:tradeforexsa.co.za 5404: 5374:severance benefits 5212:Dividends paid by 5072:R750 001 and above 5034: 4958: 4721: 4696:R990 001 and above 4680:R25 001 – R660 000 4658: 4351: 4265:Road Accident Fund 3959:R550 001 and above 3943:R83 101 – R365 000 3921: 3900:Company income tax 3688: 3612: 3536: 3419: 3332: 3234: 3223:Taxes on Companies 3151: 3042: 2936: 2788:Income and Profits 2771: 2554:Expected to Submit 2542: 2443:central government 1989:Eight per thousand 1904:James R. Hines Jr. 1795:European Union FTT 812:Government revenue 114: 24: 6274:"Value Added Tax" 5400:Beric John Croome 5188:agreements apply. 5079: 5078: 5019: 5018: 4964:Value of Property 4766: 4765: 4703: 4702: 4602:Interest taxation 4528: 4527: 4279:General Sales Tax 4144:Exchange Controls 3966: 3965: 3791:Capital gains tax 3754: 3753: 3678: 3677: 3602: 3601: 3521: 3520: 3409: 3408: 3325:Taxes on Property 3322: 3321: 3220: 3219: 3141: 3140: 3013: 3012: 2870: 2869: 2752:Categories of Tax 2728: 2727: 2436: 2435: 2371: 2370: 1967: 1966: 1959:Tax Policy Center 1702:Negative (income) 1478:Environmental tax 1360: 1359: 1278:Financial centres 1098:Tax investigation 1036: 1035: 904:Tax harmonization 768: 767: 596:Visa requirements 548:Foreign relations 488:Political parties 222:National Assembly 99: 41: VAT (25.2%) 6429: 6379: 6378: 6371: 6365: 6364: 6357: 6351: 6350: 6343: 6334: 6333: 6331: 6329: 6318: 6312: 6311: 6309: 6307: 6296: 6290: 6289: 6287: 6285: 6270: 6264: 6263: 6261: 6259: 6244: 6235: 6234: 6232: 6230: 6220: 6212: 6206: 6205: 6203: 6201: 6187: 6181: 6180: 6178: 6176: 6165: 6159: 6158: 6156: 6154: 6143: 6137: 6136: 6134: 6132: 6126: 6118: 6109: 6108: 6106: 6104: 6089: 6076: 6075: 6073: 6071: 6061: 6053: 5956: 5955: 5953: 5951: 5936: 5930: 5929: 5927: 5925: 5915: 5907: 5890: 5889: 5887: 5885: 5874: 5868: 5867: 5861: 5853: 5847: 5846: 5835: 5829: 5828: 5826: 5824: 5809: 5792: 5791: 5773: 5756: 5755: 5753: 5751: 5740: 5731: 5726: 5720: 5719: 5717: 5715: 5700: 5694: 5693: 5691: 5689: 5679: 5671: 5660: 5659: 5657: 5655: 5640: 5634: 5633: 5631: 5629: 5618: 5612: 5611: 5609: 5607: 5601: 5593: 5560: 5559: 5548: 5542: 5541: 5539: 5537: 5526:"Tax Statistics" 5522: 5489: 5488: 5486: 5484: 5474: 5466: 5037: 5033: 4961: 4957: 4777:Mining royalties 4724: 4720: 4661: 4657: 4546:Deceased Estates 4515:Unknown province 4354: 4350: 4306:Gauteng Province 4126:Plastic bag levy 4087:Electricity levy 3924: 3920: 3697:Amounts in Rands 3691: 3687: 3621:Amounts in Rands 3615: 3611: 3545:Amounts in Rands 3539: 3535: 3428:Amounts in Rands 3422: 3418: 3341:Amounts in Rands 3335: 3331: 3243:Amounts in Rands 3237: 3233: 3154: 3150: 3051:Amounts in Rands 3045: 3041: 2945:Amounts in Rands 2939: 2935: 2774: 2770: 2647:Employers (PAYE) 2545: 2541: 2447:local government 2428: 2421: 2414: 2400:Money portal 2398: 2397: 2396: 2386: 2385: 2062: 2061: 1883: 1882: 1790:Transfer pricing 1770:Tax equalization 1744: 1687:Corporate profit 1323:Luxembourg Leaks 1257:Corporate havens 1136: 1135: 952: 951: 789: 770: 769: 760: 753: 746: 723: 722: 721: 481: 461: 435: 161:Deputy President 102: 97: 89: 83: 82: 76: 70: 64: 58: 52: 46: 40: 34: 6437: 6436: 6432: 6431: 6430: 6428: 6427: 6426: 6402: 6401: 6388: 6383: 6382: 6377:. 5 March 2016. 6373: 6372: 6368: 6359: 6358: 6354: 6345: 6344: 6337: 6327: 6325: 6320: 6319: 6315: 6305: 6303: 6298: 6297: 6293: 6283: 6281: 6272: 6271: 6267: 6257: 6255: 6246: 6245: 6238: 6228: 6226: 6218: 6214: 6213: 6209: 6199: 6197: 6189: 6188: 6184: 6174: 6172: 6167: 6166: 6162: 6152: 6150: 6145: 6144: 6140: 6130: 6128: 6124: 6120: 6119: 6112: 6102: 6100: 6091: 6090: 6079: 6069: 6067: 6059: 6055: 6054: 5959: 5949: 5947: 5938: 5937: 5933: 5923: 5921: 5913: 5909: 5908: 5893: 5883: 5881: 5876: 5875: 5871: 5859: 5855: 5854: 5850: 5837: 5836: 5832: 5822: 5820: 5811: 5810: 5795: 5788: 5774: 5759: 5749: 5747: 5742: 5741: 5734: 5727: 5723: 5713: 5711: 5702: 5701: 5697: 5687: 5685: 5677: 5673: 5672: 5663: 5653: 5651: 5642: 5641: 5637: 5627: 5625: 5620: 5619: 5615: 5605: 5603: 5599: 5595: 5594: 5563: 5550: 5549: 5545: 5535: 5533: 5524: 5523: 5492: 5482: 5480: 5472: 5468: 5467: 5434: 5429: 5389: 5344: 5289: 5280: 5259: 5235: 5230: 5225: 5186:double taxation 5171:Withholding tax 5168: 5166:Withholding tax 5139:Value Added Tax 5130:Value Added Tax 5127: 5087: 5028: 4972:R0 – R1 000 000 4949: 4941: 4932: 4899: 4890: 4874: 4866: 4853: 4834: 4800:Provisional tax 4797: 4795:Provisional tax 4788: 4782:non-residents. 4779: 4771: 4727:Lump Sum Amount 4708: 4652: 4631:Withholding tax 4604: 4542:Inheritance tax 4539: 4531:Policy changes: 4290: 4281: 4242: 4233: 4224: 4208: 4199: 4197:Fringe benefits 4191: 4178: 4176:Expatriates tax 4146: 4137: 4128: 4119: 4110: 4101: 4089: 4082: 4078: 4071: 4067: 4063: 4058: 4055: 4045: 4022: 3982: 3902: 3793: 3785:withholding tax 3759: 3683: 3607: 3531: 3414: 3382:Transfer Duties 3327: 3251:Provisional Tax 3225: 3146: 3070:Provisional tax 3059:Pay-as-you-earn 3033: 3024:withholding tax 2931: 2909: 2878: 2754: 2528: 2490: 2462:corporation tax 2458:value added tax 2432: 2394: 2392: 2380: 2373: 2372: 2059: 2049: 2048: 2004:Fiscus Judaicus 1979: 1969: 1968: 1927:Advocacy groups 1880: 1872: 1871: 1862:Trade agreement 1857:Free-trade zone 1815: 1805: 1804: 1742: 1722: 1712: 1711: 1372: 1362: 1361: 1333:Paradise Papers 1174:Debtors' prison 1133: 1123: 1122: 1093:Tax preparation 1053:Revenue service 1048: 1038: 1037: 949: 939: 938: 919:Double taxation 914:Tax withholding 909:Tax competition 827:Non-tax revenue 807: 764: 735: 731:Other countries 719: 717: 712: 711: 662: 654: 653: 614: 606: 605: 586:Nationality law 582: 578:in South Africa 570: 550: 540: 539: 503: 493: 492: 482: 471: 462: 445: 436: 350: 342: 332: 331: 325:Electoral Court 308:Mahube Molemela 263: 253: 252: 198: 188: 187: 154:Cyril Ramaphosa 144: 134: 133: 124: 100: 96: 87: 81: 80: 79: 78: 74: 72: 68: 66: 62: 60: 56: 54: 50: 48: 44: 42: 38: 36: 32: 12: 11: 5: 6435: 6425: 6424: 6419: 6414: 6400: 6399: 6394: 6387: 6386:External links 6384: 6381: 6380: 6366: 6352: 6335: 6313: 6291: 6265: 6248:"Turnover Tax" 6236: 6207: 6182: 6160: 6138: 6110: 6077: 5957: 5931: 5891: 5869: 5848: 5830: 5793: 5786: 5757: 5732: 5721: 5695: 5661: 5644:"SARS Mandate" 5635: 5613: 5561: 5543: 5490: 5431: 5430: 5428: 5425: 5388: 5385: 5376: 5375: 5372: 5363: 5362: 5359: 5343: 5340: 5339: 5338: 5337: 5336: 5332: 5326: 5325: 5324: 5321: 5315: 5314: 5313: 5310: 5304: 5303: 5302: 5299: 5288: 5285: 5279: 5276: 5258: 5255: 5254: 5253: 5250: 5249: 5248: 5245: 5234: 5231: 5229: 5226: 5224: 5223:Tax deductions 5221: 5210: 5209: 5193: 5192: 5189: 5167: 5164: 5126: 5123: 5118: 5117: 5110: 5107: 5104: 5101: 5098: 5086: 5083: 5077: 5076: 5073: 5069: 5068: 5065: 5061: 5060: 5057: 5053: 5052: 5049: 5045: 5044: 5041: 5027: 5024: 5017: 5016: 5013: 5009: 5008: 5005: 5001: 5000: 4997: 4993: 4992: 4989: 4985: 4984: 4981: 4977: 4976: 4973: 4969: 4968: 4965: 4948: 4945: 4940: 4937: 4931: 4928: 4927: 4926: 4923: 4920: 4916: 4912: 4898: 4895: 4889: 4886: 4873: 4870: 4865: 4862: 4852: 4849: 4848: 4847: 4844: 4841: 4833: 4830: 4826: 4825: 4822: 4815: 4814: 4811: 4796: 4793: 4787: 4784: 4778: 4775: 4770: 4767: 4764: 4763: 4760: 4756: 4755: 4752: 4748: 4747: 4744: 4740: 4739: 4736: 4732: 4731: 4728: 4707: 4704: 4701: 4700: 4697: 4693: 4692: 4689: 4685: 4684: 4681: 4677: 4676: 4673: 4669: 4668: 4665: 4651: 4648: 4619: 4618: 4615: 4603: 4600: 4571: 4570: 4567: 4560: 4538: 4535: 4526: 4525: 4522: 4519: 4516: 4512: 4511: 4508: 4505: 4502: 4496: 4495: 4492: 4489: 4486: 4480: 4479: 4476: 4473: 4470: 4464: 4463: 4460: 4457: 4454: 4448: 4447: 4444: 4441: 4438: 4432: 4431: 4428: 4425: 4422: 4416: 4415: 4412: 4409: 4406: 4400: 4399: 4396: 4393: 4390: 4384: 4383: 4380: 4377: 4374: 4368: 4367: 4364: 4361: 4358: 4337: 4336: 4333: 4330: 4323: 4322: 4319: 4316: 4289: 4286: 4280: 4277: 4241: 4238: 4232: 4229: 4223: 4220: 4207: 4204: 4198: 4195: 4190: 4187: 4177: 4174: 4145: 4142: 4136: 4133: 4127: 4124: 4118: 4115: 4109: 4106: 4100: 4097: 4088: 4085: 4080: 4076: 4069: 4065: 4061: 4057: 4053: 4050: 4044: 4041: 4021: 4018: 3981: 3978: 3964: 3963: 3960: 3956: 3955: 3952: 3948: 3947: 3944: 3940: 3939: 3936: 3932: 3931: 3928: 3927:Taxable Income 3901: 3898: 3897: 3896: 3893: 3890: 3880: 3879: 3876: 3873: 3870: 3867: 3864: 3861: 3854: 3853: 3850: 3847: 3844: 3841: 3838: 3835: 3792: 3789: 3788: 3787: 3782: 3779: 3774: 3758: 3755: 3752: 3751: 3746: 3741: 3735: 3734: 3731: 3728: 3724: 3723: 3720: 3717: 3713: 3712: 3709: 3706: 3705:Customs Duties 3702: 3701: 3698: 3695: 3682: 3679: 3676: 3675: 3670: 3665: 3659: 3658: 3655: 3652: 3651:Diesel Refunds 3648: 3647: 3644: 3641: 3637: 3636: 3633: 3630: 3626: 3625: 3622: 3619: 3606: 3603: 3600: 3599: 3594: 3589: 3583: 3582: 3579: 3576: 3572: 3571: 3568: 3565: 3561: 3560: 3557: 3554: 3550: 3549: 3546: 3543: 3530: 3527: 3519: 3518: 3513: 3508: 3502: 3501: 3498: 3495: 3491: 3490: 3487: 3484: 3480: 3479: 3476: 3473: 3469: 3468: 3465: 3462: 3455: 3454: 3451: 3448: 3444: 3443: 3440: 3437: 3433: 3432: 3429: 3426: 3413: 3410: 3407: 3406: 3401: 3396: 3390: 3389: 3386: 3383: 3379: 3378: 3375: 3372: 3368: 3367: 3364: 3361: 3357: 3356: 3353: 3350: 3346: 3345: 3342: 3339: 3326: 3323: 3320: 3319: 3314: 3309: 3303: 3302: 3299: 3296: 3292: 3291: 3288: 3285: 3281: 3280: 3277: 3274: 3270: 3269: 3266: 3263: 3259: 3258: 3255: 3252: 3248: 3247: 3244: 3241: 3224: 3221: 3218: 3217: 3214: 3210: 3209: 3206: 3202: 3201: 3198: 3194: 3193: 3190: 3186: 3185: 3182: 3178: 3177: 3174: 3170: 3169: 3166: 3162: 3161: 3158: 3157:Taxable Income 3145: 3142: 3139: 3138: 3133: 3128: 3122: 3121: 3118: 3115: 3111: 3110: 3107: 3104: 3100: 3099: 3096: 3093: 3089: 3088: 3085: 3082: 3078: 3077: 3074: 3071: 3067: 3066: 3063: 3060: 3056: 3055: 3052: 3049: 3032: 3029: 3028: 3027: 3020: 3011: 3010: 3005: 3000: 2994: 2993: 2990: 2987: 2983: 2982: 2979: 2976: 2972: 2971: 2968: 2965: 2961: 2960: 2957: 2954: 2950: 2949: 2946: 2943: 2930: 2927: 2926: 2925: 2922: 2919: 2916: 2908: 2905: 2901: 2900: 2897: 2894: 2891: 2888: 2885: 2877: 2874: 2868: 2867: 2862: 2857: 2851: 2850: 2847: 2844: 2840: 2839: 2836: 2833: 2829: 2828: 2825: 2822: 2818: 2817: 2814: 2811: 2807: 2806: 2803: 2800: 2796: 2795: 2792: 2789: 2785: 2784: 2781: 2778: 2765:Indirect taxes 2753: 2750: 2749: 2748: 2747: 2746: 2745:Customs Duties 2743: 2740: 2737: 2726: 2725: 2723: 2721: 2719: 2717: 2714: 2711: 2707: 2706: 2703: 2700: 2698: 2696: 2693: 2690: 2686: 2685: 2682: 2679: 2676: 2673: 2670: 2667: 2663: 2662: 2660: 2658: 2656: 2654: 2651: 2648: 2644: 2643: 2641: 2639: 2637: 2635: 2632: 2629: 2625: 2624: 2621: 2618: 2615: 2612: 2609: 2606: 2602: 2601: 2598: 2595: 2592: 2589: 2586: 2583: 2579: 2578: 2575: 2572: 2569: 2566: 2563: 2559: 2558: 2555: 2552: 2549: 2527: 2524: 2523: 2522: 2516: 2510: 2505: 2500: 2489: 2486: 2434: 2433: 2431: 2430: 2423: 2416: 2408: 2405: 2404: 2403: 2402: 2390: 2375: 2374: 2369: 2368: 2367: 2366: 2361: 2356: 2354:United Kingdom 2351: 2346: 2341: 2336: 2331: 2326: 2321: 2316: 2311: 2306: 2301: 2296: 2291: 2286: 2281: 2276: 2271: 2266: 2261: 2256: 2251: 2246: 2241: 2236: 2231: 2226: 2221: 2216: 2211: 2206: 2201: 2196: 2191: 2186: 2181: 2176: 2171: 2166: 2161: 2156: 2151: 2146: 2141: 2136: 2131: 2126: 2121: 2116: 2111: 2106: 2101: 2093: 2092: 2088: 2087: 2086: 2085: 2080: 2075: 2067: 2066: 2060: 2055: 2054: 2051: 2050: 2047: 2046: 2041: 2036: 2031: 2026: 2021: 2016: 2011: 2006: 2001: 1996: 1991: 1986: 1980: 1975: 1974: 1971: 1970: 1965: 1964: 1963: 1962: 1956: 1950: 1947:Tax Foundation 1944: 1938: 1929: 1928: 1924: 1923: 1922: 1921: 1919:Gabriel Zucman 1916: 1911: 1906: 1901: 1896: 1894:Mihir A. Desai 1888: 1887: 1881: 1878: 1877: 1874: 1873: 1870: 1869: 1864: 1859: 1854: 1849: 1844: 1843: 1842: 1837: 1827: 1822: 1816: 1811: 1810: 1807: 1806: 1803: 1802: 1797: 1792: 1787: 1782: 1777: 1772: 1767: 1762: 1757: 1755:Robin Hood tax 1752: 1747: 1739: 1734: 1729: 1723: 1718: 1717: 1714: 1713: 1710: 1709: 1704: 1699: 1694: 1692:Excess profits 1689: 1684: 1683: 1682: 1677: 1672: 1663: 1658: 1644: 1639: 1634: 1629: 1624: 1619: 1614: 1609: 1604: 1599: 1594: 1589: 1584: 1579: 1577:Gross receipts 1574: 1569: 1564: 1559: 1558: 1557: 1552: 1547: 1542: 1537: 1532: 1527: 1517: 1516: 1515: 1510: 1505: 1500: 1495: 1490: 1485: 1475: 1470: 1469: 1468: 1463: 1458: 1453: 1448: 1443: 1438: 1428: 1427: 1426: 1416: 1415: 1414: 1409: 1404: 1394: 1389: 1384: 1379: 1373: 1368: 1367: 1364: 1363: 1358: 1357: 1356: 1355: 1350: 1345: 1340: 1335: 1330: 1328:Offshore Leaks 1325: 1320: 1315: 1314: 1313: 1308: 1293: 1292: 1291:Major examples 1288: 1287: 1286: 1285: 1280: 1275: 1270: 1265: 1259: 1254: 1246: 1245: 1241: 1240: 1239: 1238: 1233: 1228: 1226:Dutch Sandwich 1223: 1218: 1212: 1207: 1199: 1198: 1194: 1193: 1192: 1191: 1186: 1181: 1176: 1171: 1166: 1164:Tax resistance 1161: 1156: 1155: 1154: 1141: 1140: 1134: 1129: 1128: 1125: 1124: 1121: 1120: 1115: 1110: 1105: 1100: 1095: 1090: 1085: 1080: 1075: 1070: 1068:Taxable income 1065: 1063:Tax assessment 1060: 1055: 1049: 1044: 1043: 1040: 1039: 1034: 1033: 1032: 1031: 1026: 1021: 1016: 1011: 1003: 1002: 998: 997: 996: 995: 990: 985: 980: 975: 970: 965: 957: 956: 955:General Theory 950: 945: 944: 941: 940: 937: 936: 931: 926: 924:Representation 921: 916: 911: 906: 901: 896: 891: 886: 881: 876: 871: 866: 861: 856: 851: 846: 845: 844: 834: 829: 824: 819: 814: 808: 803: 802: 799: 798: 791: 790: 782: 781: 775: 774: 766: 765: 763: 762: 755: 748: 740: 737: 736: 734: 733: 727: 714: 713: 710: 709: 704: 699: 694: 689: 684: 679: 674: 669: 663: 660: 659: 656: 655: 652: 651: 646: 644:Social Welfare 641: 636: 631: 626: 621: 615: 613:Related topics 612: 611: 608: 607: 604: 603: 598: 593: 588: 581: 580: 569: 568: 567: 566: 551: 546: 545: 542: 541: 538: 537: 530:Municipalities 527: 526: 525: 520: 510: 504: 499: 498: 495: 494: 491: 490: 485: 484: 483: 470: 465: 464: 463: 444: 439: 438: 437: 349: 343: 338: 337: 334: 333: 330: 329: 328: 327: 322: 317: 312: 311: 310: 299: 289: 288: 287: 277: 276: 275: 264: 259: 258: 255: 254: 251: 250: 249: 248: 247: 246: 236: 235: 234: 219: 218: 217: 216: 215: 199: 194: 193: 190: 189: 186: 185: 183:Shadow Cabinet 180: 175: 170: 169: 168: 166:Paul Mashatile 158: 157: 156: 145: 140: 139: 136: 135: 132: 131: 129:Bill of Rights 125: 120: 119: 116: 115: 105: 104: 92: 91: 73: 67: 61: 55: 49: 43: 37: 31: 27: 26: 25: 9: 6: 4: 3: 2: 6434: 6423: 6420: 6418: 6415: 6413: 6410: 6409: 6407: 6398: 6395: 6393: 6390: 6389: 6376: 6370: 6362: 6356: 6348: 6342: 6340: 6323: 6317: 6301: 6295: 6279: 6275: 6269: 6253: 6249: 6243: 6241: 6224: 6217: 6211: 6196: 6192: 6186: 6170: 6164: 6148: 6142: 6123: 6117: 6115: 6098: 6094: 6088: 6086: 6084: 6082: 6066:. sars.gov.za 6065: 6058: 6052: 6050: 6048: 6046: 6044: 6042: 6040: 6038: 6036: 6034: 6032: 6030: 6028: 6026: 6024: 6022: 6020: 6018: 6016: 6014: 6012: 6010: 6008: 6006: 6004: 6002: 6000: 5998: 5996: 5994: 5992: 5990: 5988: 5986: 5984: 5982: 5980: 5978: 5976: 5974: 5972: 5970: 5968: 5966: 5964: 5962: 5945: 5941: 5935: 5919: 5912: 5906: 5904: 5902: 5900: 5898: 5896: 5880:. SARS.gov.za 5879: 5873: 5865: 5858: 5852: 5844: 5840: 5834: 5818: 5814: 5808: 5806: 5804: 5802: 5800: 5798: 5789: 5787:1-874929-28-9 5783: 5779: 5772: 5770: 5768: 5766: 5764: 5762: 5745: 5739: 5737: 5729: 5725: 5710:. sars.gov.za 5709: 5705: 5699: 5683: 5676: 5670: 5668: 5666: 5649: 5645: 5639: 5623: 5617: 5598: 5592: 5590: 5588: 5586: 5584: 5582: 5580: 5578: 5576: 5574: 5572: 5570: 5568: 5566: 5557: 5553: 5547: 5532:. sars.gov.za 5531: 5527: 5521: 5519: 5517: 5515: 5513: 5511: 5509: 5507: 5505: 5503: 5501: 5499: 5497: 5495: 5478: 5471: 5465: 5463: 5461: 5459: 5457: 5455: 5453: 5451: 5449: 5447: 5445: 5443: 5441: 5439: 5437: 5432: 5424: 5421: 5417: 5413: 5409: 5401: 5397: 5393: 5384: 5381: 5373: 5370: 5369: 5368: 5367: 5360: 5358: 5354: 5353: 5352: 5350: 5333: 5330: 5329: 5327: 5322: 5319: 5318: 5316: 5311: 5308: 5307: 5305: 5300: 5297: 5296: 5294: 5293: 5292: 5284: 5275: 5271: 5267: 5263: 5251: 5246: 5243: 5242: 5240: 5239: 5238: 5220: 5217: 5215: 5208:shareholders. 5206: 5205: 5204: 5202: 5198: 5190: 5187: 5183: 5182: 5181: 5179: 5174: 5172: 5163: 5160: 5157: 5155: 5151: 5146: 5142: 5140: 5135: 5131: 5122: 5115: 5111: 5108: 5105: 5102: 5099: 5096: 5095: 5094: 5091: 5082: 5074: 5071: 5070: 5066: 5063: 5062: 5058: 5055: 5054: 5050: 5048:R0 – R335 000 5047: 5046: 5042: 5039: 5038: 5035:Turnover Tax 5032: 5023: 5014: 5011: 5010: 5006: 5003: 5002: 4998: 4995: 4994: 4990: 4987: 4986: 4982: 4979: 4978: 4974: 4971: 4970: 4966: 4963: 4962: 4956: 4953: 4952:Transfer Duty 4947:Transfer duty 4944: 4936: 4924: 4921: 4917: 4913: 4909: 4908: 4907: 4903: 4894: 4885: 4882: 4878: 4869: 4861: 4857: 4845: 4842: 4839: 4838: 4837: 4829: 4823: 4820: 4819: 4818: 4812: 4809: 4808: 4807: 4805: 4801: 4792: 4783: 4774: 4761: 4758: 4757: 4753: 4750: 4749: 4745: 4742: 4741: 4737: 4734: 4733: 4729: 4726: 4725: 4719: 4715: 4712: 4698: 4695: 4694: 4690: 4687: 4686: 4682: 4679: 4678: 4674: 4671: 4670: 4666: 4663: 4662: 4656: 4647: 4644: 4643: 4639: 4634: 4632: 4627: 4622: 4616: 4613: 4612: 4611: 4609: 4599: 4596: 4594: 4593:Donations tax 4589: 4586: 4583: 4579: 4575: 4568: 4565: 4561: 4558: 4557: 4556: 4553: 4551: 4550:donations tax 4547: 4543: 4534: 4532: 4523: 4520: 4517: 4514: 4513: 4509: 4506: 4503: 4501: 4498: 4497: 4493: 4490: 4487: 4485: 4482: 4481: 4477: 4474: 4471: 4469: 4468:Northern Cape 4466: 4465: 4461: 4458: 4455: 4453: 4450: 4449: 4445: 4442: 4439: 4437: 4434: 4433: 4429: 4426: 4423: 4421: 4420:KwaZulu-Natal 4418: 4417: 4413: 4410: 4407: 4405: 4402: 4401: 4397: 4394: 4391: 4389: 4386: 4385: 4381: 4378: 4375: 4373: 4370: 4369: 4365: 4362: 4359: 4356: 4355: 4349: 4345: 4341: 4334: 4331: 4328: 4327: 4326: 4320: 4317: 4314: 4313: 4312: 4309: 4307: 4301: 4299: 4294: 4285: 4276: 4273: 4269: 4266: 4261: 4259: 4255: 4251: 4247: 4237: 4228: 4219: 4216: 4212: 4203: 4194: 4186: 4182: 4173: 4169: 4166: 4163: 4159: 4155: 4150: 4141: 4132: 4123: 4114: 4105: 4096: 4094: 4084: 4073: 4049: 4040: 4039: 4035: 4030: 4028: 4020:Donations tax 4017: 4014: 4011: 4009: 4004: 4000: 3998: 3993: 3991: 3987: 3980:Dividends tax 3977: 3976: 3972: 3961: 3958: 3957: 3953: 3950: 3949: 3945: 3942: 3941: 3937: 3934: 3933: 3929: 3926: 3925: 3919: 3916: 3912: 3908: 3894: 3891: 3888: 3887: 3886: 3883: 3877: 3874: 3871: 3868: 3865: 3862: 3859: 3858: 3857: 3851: 3848: 3845: 3842: 3839: 3836: 3833: 3832: 3831: 3827: 3825: 3820: 3816: 3813: 3808: 3804: 3801: 3797: 3786: 3783: 3780: 3778: 3777:donations tax 3775: 3772: 3771: 3770: 3768: 3764: 3750: 3747: 3745: 3742: 3740: 3737: 3736: 3732: 3729: 3726: 3725: 3721: 3718: 3715: 3714: 3710: 3707: 3704: 3703: 3699: 3696: 3693: 3692: 3686: 3674: 3671: 3669: 3666: 3664: 3661: 3660: 3656: 3653: 3650: 3649: 3645: 3642: 3639: 3638: 3634: 3631: 3628: 3627: 3623: 3620: 3617: 3616: 3610: 3598: 3595: 3593: 3590: 3588: 3585: 3584: 3580: 3577: 3574: 3573: 3569: 3566: 3563: 3562: 3558: 3555: 3552: 3551: 3547: 3544: 3541: 3540: 3534: 3526: 3525: 3517: 3514: 3512: 3509: 3507: 3504: 3503: 3499: 3496: 3493: 3492: 3488: 3485: 3482: 3481: 3477: 3474: 3471: 3470: 3466: 3463: 3461:excise duties 3460: 3457: 3456: 3452: 3449: 3446: 3445: 3441: 3438: 3435: 3434: 3430: 3427: 3424: 3423: 3417: 3405: 3402: 3400: 3397: 3395: 3392: 3391: 3387: 3384: 3381: 3380: 3376: 3373: 3370: 3369: 3365: 3362: 3359: 3358: 3354: 3351: 3349:Donations tax 3348: 3347: 3343: 3340: 3337: 3336: 3330: 3318: 3315: 3313: 3310: 3308: 3305: 3304: 3300: 3297: 3294: 3293: 3289: 3286: 3283: 3282: 3278: 3275: 3272: 3271: 3267: 3264: 3261: 3260: 3256: 3253: 3250: 3249: 3245: 3242: 3239: 3238: 3232: 3229: 3215: 3212: 3211: 3207: 3204: 3203: 3199: 3196: 3195: 3191: 3188: 3187: 3183: 3180: 3179: 3175: 3172: 3171: 3167: 3164: 3163: 3159: 3156: 3155: 3149: 3137: 3134: 3132: 3129: 3127: 3124: 3123: 3119: 3116: 3113: 3112: 3108: 3105: 3102: 3101: 3097: 3094: 3091: 3090: 3086: 3083: 3080: 3079: 3075: 3072: 3069: 3068: 3064: 3061: 3058: 3057: 3053: 3050: 3047: 3046: 3040: 3037: 3025: 3021: 3018: 3017: 3016: 3009: 3006: 3004: 3001: 2999: 2996: 2995: 2991: 2988: 2985: 2984: 2980: 2977: 2975:Dividends Tax 2974: 2973: 2969: 2966: 2963: 2962: 2958: 2955: 2952: 2951: 2947: 2944: 2941: 2940: 2934: 2923: 2920: 2917: 2914: 2913: 2912: 2907:Tax loopholes 2904: 2898: 2895: 2892: 2889: 2886: 2883: 2882: 2881: 2873: 2866: 2863: 2861: 2858: 2856: 2853: 2852: 2848: 2846:(R 0.0024 bn) 2845: 2842: 2841: 2837: 2834: 2831: 2830: 2826: 2823: 2820: 2819: 2815: 2812: 2809: 2808: 2804: 2801: 2798: 2797: 2793: 2790: 2787: 2786: 2782: 2779: 2776: 2775: 2769: 2766: 2762: 2758: 2744: 2741: 2738: 2736:Includes PAYE 2735: 2734: 2733: 2732: 2731: 2724: 2722: 2720: 2718: 2715: 2712: 2709: 2708: 2704: 2701: 2699: 2697: 2694: 2691: 2688: 2687: 2683: 2680: 2677: 2674: 2671: 2668: 2665: 2664: 2661: 2659: 2657: 2655: 2652: 2649: 2646: 2645: 2642: 2640: 2638: 2636: 2633: 2630: 2627: 2626: 2622: 2619: 2616: 2613: 2610: 2607: 2604: 2603: 2599: 2596: 2593: 2590: 2587: 2584: 2581: 2580: 2576: 2573: 2570: 2567: 2564: 2561: 2560: 2546: 2540: 2536: 2532: 2520: 2517: 2515: 2511: 2509: 2506: 2504: 2501: 2499: 2496: 2495: 2494: 2485: 2481: 2477: 2475: 2471: 2467: 2463: 2459: 2455: 2450: 2448: 2444: 2440: 2429: 2424: 2422: 2417: 2415: 2410: 2409: 2407: 2406: 2401: 2391: 2389: 2384: 2379: 2378: 2377: 2376: 2365: 2362: 2360: 2359:United States 2357: 2355: 2352: 2350: 2347: 2345: 2342: 2340: 2337: 2335: 2332: 2330: 2327: 2325: 2322: 2320: 2317: 2315: 2312: 2310: 2307: 2305: 2302: 2300: 2297: 2295: 2292: 2290: 2287: 2285: 2282: 2280: 2277: 2275: 2272: 2270: 2267: 2265: 2262: 2260: 2257: 2255: 2252: 2250: 2247: 2245: 2242: 2240: 2237: 2235: 2232: 2230: 2227: 2225: 2222: 2220: 2217: 2215: 2212: 2210: 2207: 2205: 2202: 2200: 2197: 2195: 2192: 2190: 2187: 2185: 2182: 2180: 2177: 2175: 2172: 2170: 2167: 2165: 2162: 2160: 2157: 2155: 2152: 2150: 2147: 2145: 2142: 2140: 2137: 2135: 2132: 2130: 2127: 2125: 2122: 2120: 2117: 2115: 2112: 2110: 2107: 2105: 2102: 2100: 2097: 2096: 2095: 2094: 2090: 2089: 2084: 2081: 2079: 2076: 2074: 2071: 2070: 2069: 2068: 2065:All Countries 2064: 2063: 2058: 2053: 2052: 2045: 2042: 2040: 2037: 2035: 2032: 2030: 2027: 2025: 2022: 2020: 2019:Tolerance tax 2017: 2015: 2012: 2010: 2007: 2005: 2002: 2000: 1997: 1995: 1992: 1990: 1987: 1985: 1982: 1981: 1978: 1973: 1972: 1960: 1957: 1954: 1951: 1948: 1945: 1942: 1939: 1936: 1933: 1932: 1931: 1930: 1926: 1925: 1920: 1917: 1915: 1912: 1910: 1907: 1905: 1902: 1900: 1897: 1895: 1892: 1891: 1890: 1889: 1885: 1884: 1876: 1875: 1868: 1865: 1863: 1860: 1858: 1855: 1853: 1850: 1848: 1845: 1841: 1838: 1836: 1833: 1832: 1831: 1828: 1826: 1823: 1821: 1818: 1817: 1814: 1809: 1808: 1801: 1798: 1796: 1793: 1791: 1788: 1786: 1783: 1781: 1778: 1776: 1773: 1771: 1768: 1766: 1763: 1761: 1758: 1756: 1753: 1751: 1748: 1745: 1740: 1738: 1735: 1733: 1730: 1728: 1725: 1724: 1721: 1720:International 1716: 1715: 1708: 1705: 1703: 1700: 1698: 1695: 1693: 1690: 1688: 1685: 1681: 1678: 1676: 1673: 1671: 1667: 1664: 1662: 1659: 1657: 1654: 1653: 1652: 1648: 1645: 1643: 1640: 1638: 1635: 1633: 1630: 1628: 1625: 1623: 1622:Resource rent 1620: 1618: 1615: 1613: 1610: 1608: 1605: 1603: 1600: 1598: 1595: 1593: 1590: 1588: 1585: 1583: 1580: 1578: 1575: 1573: 1570: 1568: 1565: 1563: 1560: 1556: 1553: 1551: 1548: 1546: 1543: 1541: 1538: 1536: 1533: 1531: 1528: 1526: 1523: 1522: 1521: 1518: 1514: 1511: 1509: 1506: 1504: 1501: 1499: 1496: 1494: 1491: 1489: 1486: 1484: 1481: 1480: 1479: 1476: 1474: 1471: 1467: 1464: 1462: 1459: 1457: 1454: 1452: 1449: 1447: 1444: 1442: 1439: 1437: 1434: 1433: 1432: 1429: 1425: 1422: 1421: 1420: 1419:Capital gains 1417: 1413: 1410: 1408: 1405: 1403: 1400: 1399: 1398: 1395: 1393: 1390: 1388: 1385: 1383: 1380: 1378: 1375: 1374: 1371: 1366: 1365: 1354: 1351: 1349: 1346: 1344: 1341: 1339: 1338:Panama Papers 1336: 1334: 1331: 1329: 1326: 1324: 1321: 1319: 1316: 1312: 1309: 1307: 1306: 1302: 1301: 1300: 1297: 1296: 1295: 1294: 1290: 1289: 1284: 1281: 1279: 1276: 1274: 1271: 1269: 1266: 1263: 1260: 1258: 1255: 1253: 1250: 1249: 1248: 1247: 1243: 1242: 1237: 1234: 1232: 1229: 1227: 1224: 1222: 1219: 1216: 1213: 1211: 1208: 1206: 1205:Tax inversion 1203: 1202: 1201: 1200: 1196: 1195: 1190: 1187: 1185: 1182: 1180: 1177: 1175: 1172: 1170: 1167: 1165: 1162: 1160: 1157: 1153: 1150: 1149: 1148: 1147:Tax avoidance 1145: 1144: 1143: 1142: 1138: 1137: 1132: 1131:Noncompliance 1127: 1126: 1119: 1116: 1114: 1111: 1109: 1108:Tax collector 1106: 1104: 1101: 1099: 1096: 1094: 1091: 1089: 1088:Tax residence 1086: 1084: 1081: 1079: 1076: 1074: 1071: 1069: 1066: 1064: 1061: 1059: 1058:Revenue stamp 1056: 1054: 1051: 1050: 1047: 1042: 1041: 1030: 1027: 1025: 1022: 1020: 1017: 1015: 1012: 1010: 1007: 1006: 1005: 1004: 1000: 999: 994: 991: 989: 986: 984: 981: 979: 976: 974: 973:Tax incidence 971: 969: 968:Excess burden 966: 964: 961: 960: 959: 958: 954: 953: 948: 943: 942: 935: 932: 930: 927: 925: 922: 920: 917: 915: 912: 910: 907: 905: 902: 900: 897: 895: 894:Tax incentive 892: 890: 889:Tax advantage 887: 885: 882: 880: 877: 875: 872: 870: 867: 865: 862: 860: 857: 855: 852: 850: 849:Tax threshold 847: 843: 840: 839: 838: 835: 833: 830: 828: 825: 823: 820: 818: 815: 813: 810: 809: 806: 801: 800: 797: 796:fiscal policy 794:An aspect of 793: 792: 788: 784: 783: 780: 777: 776: 772: 771: 761: 756: 754: 749: 747: 742: 741: 739: 738: 732: 729: 728: 726: 716: 715: 708: 705: 703: 700: 698: 695: 693: 690: 688: 685: 683: 680: 678: 675: 673: 670: 668: 665: 664: 658: 657: 650: 647: 645: 642: 640: 637: 635: 632: 630: 627: 625: 624:National debt 622: 620: 617: 616: 610: 609: 602: 599: 597: 594: 592: 589: 587: 584: 583: 579: 575: 572: 571: 565: 564:Naledi Pandor 561: 558: 557: 556: 553: 552: 549: 544: 543: 535: 531: 528: 524: 521: 519: 516: 515: 514: 511: 509: 506: 505: 502: 497: 496: 489: 486: 480: 477: 474: 469: 468: 466: 460: 457: 454: 451: 448: 443: 442: 440: 434: 431: 428: 425: 422: 419: 416: 413: 410: 407: 404: 401: 398: 395: 392: 389: 386: 383: 380: 377: 374: 371: 368: 365: 362: 359: 356: 353: 348: 347: 345: 344: 341: 336: 335: 326: 323: 321: 318: 316: 313: 309: 305: 304: 303: 300: 298: 295: 294: 293: 290: 286: 283: 282: 281: 278: 274: 271: 270: 269: 268:Chief Justice 266: 265: 262: 257: 256: 245: 242: 241: 240: 237: 233: 230: 229: 228: 225: 224: 223: 220: 214: 211: 210: 209: 206: 205: 204: 201: 200: 197: 192: 191: 184: 181: 179: 176: 174: 171: 167: 164: 163: 162: 159: 155: 152: 151: 150: 147: 146: 143: 138: 137: 130: 127: 126: 123: 118: 117: 111: 107: 106: 103: 94: 93: 90: 85: 84: 30: 20: 16: 6369: 6355: 6326:. 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Retrieved 5476: 5416:South Africa 5405: 5379: 5377: 5365: 5364: 5356: 5348: 5345: 5290: 5281: 5272: 5268: 5264: 5260: 5236: 5218: 5211: 5201:non-resident 5200: 5196: 5194: 5178:non-resident 5177: 5175: 5169: 5161: 5158: 5153: 5149: 5147: 5143: 5134:capital good 5128: 5119: 5092: 5088: 5080: 5029: 5026:Turnover tax 5020: 4951: 4950: 4942: 4933: 4904: 4900: 4891: 4883: 4879: 4875: 4867: 4858: 4854: 4835: 4827: 4816: 4803: 4799: 4798: 4789: 4780: 4772: 4735:0 – R500 000 4730:Rate of Tax 4716: 4713: 4709: 4667:Rate of Tax 4653: 4645: 4641: 4637: 4635: 4626:non-resident 4625: 4623: 4620: 4607: 4605: 4597: 4590: 4587: 4584: 4580: 4576: 4572: 4554: 4541: 4540: 4530: 4529: 4500:Western Cape 4372:Eastern Cape 4346: 4342: 4338: 4324: 4310: 4302: 4297: 4295: 4291: 4282: 4274: 4270: 4262: 4243: 4234: 4225: 4217: 4213: 4209: 4200: 4192: 4183: 4179: 4170: 4167: 4151: 4147: 4138: 4129: 4120: 4111: 4102: 4092: 4090: 4074: 4059: 4046: 4031: 4023: 4015: 4012: 4005: 4001: 3996: 3994: 3983: 3967: 3935:R0 – R83 100 3914: 3910: 3906: 3903: 3884: 3881: 3855: 3828: 3823: 3818: 3817: 3811: 3809: 3805: 3802: 3798: 3794: 3766: 3762: 3760: 3748: 3743: 3738: 3684: 3672: 3667: 3662: 3608: 3596: 3591: 3586: 3578:(R 191.0 bn) 3553:Domestic VAT 3532: 3523: 3522: 3515: 3510: 3505: 3458: 3415: 3403: 3398: 3393: 3328: 3316: 3311: 3306: 3230: 3226: 3165:0 – R237 100 3160:Rate of Tax 3147: 3135: 3130: 3125: 3038: 3034: 3014: 3007: 3002: 2997: 2932: 2910: 2902: 2879: 2871: 2864: 2859: 2854: 2760: 2757:Direct taxes 2755: 2729: 2551:Tax register 2537: 2533: 2529: 2518: 2512: 2507: 2502: 2497: 2491: 2482: 2478: 2451: 2438: 2437: 2319:South Africa 2318: 1914:Joel Slemrod 1582:Hypothecated 1550:Sugary drink 1424:Expatriation 1303: 1221:Double Irish 1184:Black market 1029:Proportional 978:Laffer curve 963:Price effect 648: 619:Human rights 467:Referendums 285:Mandisa Maya 232:Thoko Didiza 122:Constitution 101:South Africa 86: 28: 15: 6306:12 February 6278:SARS.gov.za 6258:12 February 6252:sars.gov.za 6223:sars.gov.za 6200:2 September 6147:"Fuel Levy" 6097:sars.gov.za 5924:25 February 5918:SARS.gov.za 5864:sars.gov.za 5682:sars.gov.za 5648:sars.gov.za 5477:sars.gov.za 4672:0 – R25 000 4162:parastatals 4027:inheritance 3694:Type of tax 3618:Type of tax 3575:VAT Refunds 3542:Type of tax 3425:Type of tax 3360:Estate Duty 3338:Type of tax 3287:(R 13.6 bn) 3240:Type of tax 3106:(R 26.8 bn) 3048:Type of tax 3026:on interest 2942:Type of tax 2777:Type of tax 2666:VAT vendors 2582:Individuals 2557:Collection 2334:Switzerland 2299:Philippines 2274:New Zealand 2269:Netherlands 1909:Ronen Palan 1647:User charge 1466:Value-added 1431:Consumption 1343:Swiss Leaks 1231:Single Malt 1169:Tax shelter 1159:Tax evasion 1118:Tax farming 1103:Tax shelter 1019:Progressive 983:Optimal tax 884:Tax amnesty 879:Tax holiday 837:Tax bracket 822:Tax revenue 601:Visa policy 306:President: 244:John Hlophe 208:Chairperson 196:Legislature 178:Departments 98:Politics of 6406:Categories 6328:30 January 6284:20 January 6131:30 January 5950:20 January 5884:5 February 5823:20 January 5750:22 January 5714:21 January 5654:21 January 5628:20 January 5606:1 February 5536:20 January 5483:31 January 5427:References 5228:Allowances 5154:ad valorem 5150:ad valorem 4930:Stamp Duty 4484:North West 4452:Mpumalanga 4388:Free State 3819:Example 2: 3812:Example 1: 3773:normal tax 3654:(R 3.0 bn) 3567:R 152.8 bn 3564:Import VAT 3556:R 336.2 bn 3511:R 422.2 bn 3459:Ad Valorem 3439:R 298.0 bn 3312:R 220.2 bn 3254:R 218.6 bn 3095:(R 4.3 bn) 2860:R 1 216 bn 2824:R 422.2 bn 2791:R 711.7 bn 2588:22 919 701 2585:22 170 513 2460:(VAT) and 2454:income tax 2244:Kazakhstan 2129:Bangladesh 2124:Azerbaijan 2057:By country 2014:Temple tax 1984:Church tax 1867:ATA Carnet 1852:Free trade 1847:Tariff war 1775:Tax treaty 1656:Congestion 1597:Land value 1488:Eco-tariff 1456:Television 1412:Solidarity 1392:Ad valorem 1252:Tax havens 1083:Tax shield 1078:Tax refund 1046:Collection 1024:Regressive 899:Tax reform 639:Repression 441:Municipal 315:High Court 6175:30 August 6153:8 October 5408:Jan Smuts 5366:excluding 5335:benefits) 5278:Donations 5270:of PAYE. 5043:Tax Rate 4967:Tax Rate 4888:Sin Taxes 4564:testators 4408:1 742 697 4258:biodiesel 4240:Fuel levy 4135:Tyre levy 4032:See also 3986:dividends 3930:Tax Rate 3843:exchange; 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