The Corporate Tax Rate in South Africa stands at 28 percent.

Corporate Tax Rate in South Africa averaged 32.98 percent from 2001 until 2020, reaching an all time high of 37.80 percent in 2002 and a record low of 28 percent in 2013. This page provides - South Africa Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Corporate Tax Rate - values, historical data and charts - was last updated on October of 2020.

Corporate Tax Rate in South Africa is expected to reach 28.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Corporate Tax Rate is projected to trend around 28.00 percent in 2021, according to our econometric models.

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South Africa Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
28.00 28.00 37.80 28.00 2001 - 2020 percent Yearly

South Africa Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 28.00 28.00 37.80 28.00 percent [+]
Personal Income Tax Rate 45.00 45.00 45.00 40.00 percent [+]
Sales Tax Rate 15.00 15.00 15.00 14.00 percent [+]
Social Security Rate 2.00 2.00 3.00 2.00 percent [+]
Social Security Rate For Companies 1.00 1.00 2.00 1.00 percent [+]
Social Security Rate For Employees 1.00 1.00 1.00 1.00 percent [+]


South Africa Corporate Tax Rate
In South Africa, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of South Africa.