Small Business Tax Rates 2020

Applicable Tax rates

SBC tax rates for financial years ending on any date between 1 April 2019 and 31 March 2020 – See changes from last year:
Taxable income (R) ​Rate of tax (R)
0 – 79 000 0%
79 001 – 365 000 7% of taxable income above 79 000
​365 001 – 550 000 20 020 + 21% of taxable income above 365 000
​550 001 and above 58 870 + 28% of taxable income above 550 000
SBC tax rates for financial years ending on any date between 1 April 2018 and 31 March 2019 – See changes from last year:
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
 SBC tax rates for financial years ending on any date between 1 April 2017 and 31 March 2018:
Taxable income (R)​ Rate of Tax (R)​
0 – 75 750 0% of taxable income
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

  

SBC tax rates for financial years ending on any date between 1 April 2016 and 31 March 2017:
​Taxable income (R) ​Rate of tax (R)
0 – 75 000​ ​0%
​75 001 – 365 000 ​7% of the amount above 75 000
​365 001 – 550 000 ​20 300 + 21% of the amount above 365 000
​550 001 and above ​59 150 + 28% of the amount above 550 000