Page 41 - Nexia SAB&T Property and Tax Guide 2025

COMPARATIVE TAX RATES

CATEGORY 2024 2025 2026
NATURAL PERSONS
◆ Maximum marginal rate 45% 45% 45%
◆ Reached at a taxable income 1 817 000 1 817 000 1 817 000
◆ Minimum rate 18% 18% 18%
◆ Up to taxable income of 237 100 237 100 237 100
◆ CGT inclusion rate 40% 40% 40%
COMPANIES & CC’s
◆ Normal tax rate 27% 27% 27%
◆ Dividends Tax 20% 20% 20%
◆ CGT inclusion rate 80% 80% 80%
TRUSTS (other than special
trusts) 45% 45% 45%
◆ Flat rate 80% 80% 80%
◆ CGT inclusion rate
DONATION TAX
◆ First R30m cumulative 20% 20% 20%
donations
◆ Cumulative donations in excess 25% 25% 25%
of R30m
ESTATE DUTY
◆ Dutiable estate up to R30m 20% 20% 20%
◆ Dutiable estate in excess of 25% 25% 25%
R30m
VAT 15% 15% 15%
SMALL BUSINESS
CORPORATIONS * *27% * *27% 27%
◆ Maximum marginal rate 550 000 550 000 550 000
◆ Reached at a taxable income 0% 0% 0%
◆ Minimum rate 95 750 95 750 95 750
◆ Up to a taxable income of
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