The Sales Tax Rate in South Africa stands at 15 percent.

Sales Tax Rate in South Africa averaged 14.14 percent from 2006 until 2019, reaching an all time high of 15 percent in 2018 and a record low of 14 percent in 2007. This page provides - South Africa Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Sales Tax Rate - VAT - values, historical data and charts - was last updated on September of 2020.

Sales Tax Rate in South Africa is expected to reach 15.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Sales Tax Rate - VAT is projected to trend around 15.00 percent in 2021, according to our econometric models.

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South Africa Sales Tax Rate  - VAT

Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 15.00 14.00 2006 - 2019 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 Sales Tax Rate - VAT
In South Africa, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of South Africa.