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Author: Admin | 2025-04-28
ICalculator™ ZA: South Africa Tax CalculatorsWelcome to iCalculator™ ZA, your comprehensive suite of free tax calculators for South Africa. iCalculator™ has provided free tax calculators for South Africa since 2014. Since those early days we have extended our resources for South Africa to includes Tax Guides, Tax Videos and enhanced the tax calculators and supporting tax information. The South Africa Tax Calculator and salary calculators within our South Africa tax section are based on the latest tax rates published by the Tax Administration in South Africa. In this dedicated Tax Portal for South Africa you can access: Income Tax Calculator 2024Income Tax Calculator 20232024 Tax Tables2023 Tax Tables South Africa Tax CalculatorsSouth Africa Salary ExamplesSalary Comparison CalculatorSouth Africa Income Tax RatesSouth Africa VAT CalculatorSouth Africa Reverse VAT CalculatorPayroll CalculatorRecruitment Cost CalculatorEmployment Cost CalculatorFlexiTax CalculatorAfrica Tax CalculatorsSouth Africa Tax Calculator 2024/25The South Africa Tax Calculator below is for the 2024 tax year, the calculator allows you to calculate income tax and payroll taxes and deductions in South Africa. This includes calculations forEmployees in South Africa to calculate their annual salary after tax.Employers to calculate their cost of employment for their employees in South Africa.Taxation in South Africa: Types and Compliance Overview South Africa's taxation system is multifaceted, encompassing various types of taxes. This overview provides a general understanding of the key tax types and compliance requirements in South Africa. Personal Income Tax Personal Income Tax is levied on the income of individuals. Residents in South Africa are taxed on their worldwide income, while non-residents are taxed only on income sourced within the country. This includes income from employment, business, and investment. Corporate Income Tax Corporate Income Tax is imposed on companies operating in South Africa. This tax is applicable to both domestic companies on their worldwide income and foreign companies on their South African-sourced income. Value-Added Tax (VAT) Value-Added Tax is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. Businesses must register for VAT if their annual turnover exceeds a certain threshold. Capital Gains Tax (CGT) Capital Gains Tax is levied on the sale of certain assets when a capital gain is realized. This applies to both individuals and companies, and includes assets such as real estate, stocks, and bonds. Dividend Tax Dividend Tax is a tax on shareholders when dividends are paid to
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