HD Accountants

Accountants and tax consultants

Accountant Cape Town Fish Hoek

021 785 3306

Income Tax Rates For Companies

Company Tax Rate

The company Income Tax Rate has been 28% for the last few years.

Small Business Corporation Tax Rates

If you meet the following requirements

Then you can elect to be taxed at more favourable tax rates


Year end between 1 April 2018 and 31 March 2019

Taxable income:                                       Tax rate:

R 0 - R 78,150                                          -  No income tax payable

R 78,150 - R 365,000                               -  7% of taxable income above R 78,150

R 365,001 - R 550,000                             -  R 20,080 + 21% of taxable income above R 365,000

Above R 550,000                                       -  R 58,930 + 28% of taxable income above R 550,000


Year end between 1 April 2017 and 31 March 2018

Taxable income                                         Tax rate

R 0 - R 75,750                                           -  No income tax payable

R 75,751 - R 365,000                               -  7% of taxable income above R 75,750

R 365,001 - R 550,000                             -  R 20,248 + 21% of taxable income above R 365,000

Above R 550,000                                       -  R 59,098 + 28% of taxable income above R 550,000


Year end between 1 April 2016 and 31 March 2017

Taxable income                                         Tax rate

R 0 - R 75,000                                           -  No income tax payable

R 75,000 - R 365,000                               -  7% of taxable income above R 75,000

R 365,001 - R 550,000                             -  R 20,300 + 21% of taxable income above R 365,000

Above R 550,000                                       -  R 59,150 + 28% of taxable income above R 550,000