Erasmus Accounting & Bookkeeping
2018/2019 Tax rates - Companies
Normal companies 28%
Small Business Corporations
Taxable income (R) Rate of tax (R)
0 – 78 150 0%
78 151 – 365 000 7% of taxable income above 78 150
365 001 – 550 000 20 080 + 21% of taxable income above 365 000
550 001 and above 58 930 + 28% of taxable income above 550 000
2017/2018 Tax rates - Companies
Normal companies 28%
Small Business Corporations
Taxable income (R) Rate of tax (R)
0 – 75 750 0%
75 751 – 365 000 7% of taxable income above 75 750
365 001 – 550 000 20 248 + 21% of taxable income above 365 000
550 001 and above 59 098 + 28% of taxable income above 550 000