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Categories of Tax within South Africa Type of tax Revenue in Rands 2017/18 Percentage of Total Revenue Income and Profits: R 711.7 bn: 58.5% Payroll and workforce: R 16.0 bn: 1.3% Property: R 16.5 bn: 1.4% Domestic goods and services: R 422.2 bn: 34.7% International trade and transactions: R 49.9 bn: 4.1% Miscellaneous State Revenue (R 0.0024 ...
SAIT publishes TaxTalk every two months. The magazine deals with tax issues for the South African market. [6] In 2014, in comparison to the global average top rate of 32%, South Africa’s top personal income tax rate of 40% was high, and in comparison to the global average corporate tax rate of 24%, South Africa's was 28%.
The Union of South Africa came into existence on 31 May 1910, uniting the Cape Colony, Transvaal Colony, Colony of Natal, and Orange River Colony.Three months later, on 9 August, the Governor-General, Herbert Gladstone, retroactively appointed Joseph Clerc Sheridan, Esq., as the acting Commissioner for Inland Revenue with effect from 1 July 1910. [15]
2023–24 South-West Indian Ocean cyclone season; 2024–25 South-West Indian Ocean cyclone season; Southern African Development Community; 2024 in South Africa; 2020s; 2020s in political history; Common Market for Eastern and Southern Africa; Southern African Development Community
14 June – Cyril Ramaphosa is re-elected as President of South Africa for a second term. [21] 19 June – Cyril Ramaphosa is sworn in for a second term as President of South Africa. [22] 20 June – Democratic Alliance MP Renaldo Gouws is suspended after old videos of him making derogatory and inciteful remarks against black people emerge ...
The consumer price index (CPI) is the official measure of inflation in South Africa. One variant, the consumer price index excluding mortgage costs (CPIX), is officially targeted by the South African Reserve Bank [1] and a primary measure that determines national interest rates.
A South African general election was held on 29 May 2024 to elect the 28th Parliament of South Africa. [1] [2] Support for the incumbent governing party, the African National Congress (ANC), significantly declined in the election; the ANC remained the largest party but lost its majority in the National Assembly for the first time since the inaugural post-apartheid election in 1994. [3]
The Democratic Alliance (South Africa) performance by region in the 2024 South African general election. The uMkhonto we Sizwe (political party) performance by region. The Economic Freedom Fighters performance by region in the 2024 South African general election .