2024 Tax Rates South African Companies. Stay ahead of the curve with tax updates from pkf. You would then need to make the relevant tax adjustments in order to arrive at the corporate taxable income for the year.
Corporate income tax (cit) is applicable (but not limited) to the following companies which are liable under the income tax act, 1962 for the payment of tax on all. Effective 1 april 2023, qualifying small business corporations are subject to the following progressive.