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Tax Guide for Individuals & Trusts by Michele Rivarola is a document available to read on EtoBox.
What is Tax Guide for Individuals & Trusts about?
This document summarizes South African tax rates and policies for the 2023/24 tax year. It outlines the following: 1) Income tax rates for individuals and trusts, with taxable income brackets ranging from 18% to 45%, and rebates for primary, secondary, and tertiary dependents. 2) Exemptions from income tax for dividends received by individuals from South African companies, but these are subject to dividends tax of 20%. Dividends from REITs are taxed. 3) Most foreign dividends received by individuals ar
- Author
- Michele Rivarola
- Language
- EN