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Updated Guide on South African Tax Rates, Duties, and Levies: Corporate and Individual Income Taxes

  • South African Revenue Service issued updated guide on tax rates, duties, and levies
  • Topics covered include corporate income tax calculation procedures for various types of businesses
  • Guide also includes tax rates for corporate income tax, individual income tax, CGT, VAT, STT, and environmental levy on carbon emissions
  • Withholding rates on royalties and interest are also discussed
  • Contribution rates for unemployment insurance fund contributions are included in the guide

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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