2024 Tax Rates South African Companies

2024 Tax Rates South African Companies. While gains realised by companies are taxed at the normal cit rate, only 80% of gains are included in taxable income, making the effective capital gain tax rate for companies 22.4% for tax years ending before 31 march 2023 and 21.6% for tax years ending on or after 31 march 2023. 2024 tax rates, thresholds and allowance for individuals, companies, trusts and small business corporations (sbc) in south africa.

For more information on tax rates, see the budget webpage. Each member firm of these networks is a separate and independent legal entity.