Turnover Tax

2024 (1 March 2023 – 29 February 2024)no changes from last year

Taxable turnover (R)​    ​Rate of tax (R)​
1 – 335 000​0% of taxable turnover
​335 001 – 500 000​1% of taxable turnover above 335 000
​500 001 – 750 000​1 650 + 2% of taxable turnover above 500 000
​750 001 and above​6 650 + 3% of taxable turnover above 750 000

 

2023 (1 March 2022 – 28 February 2023)no changes from last year

Taxable turnover (R)​    ​Rate of tax (R)​
1 – 335 000​0% of taxable turnover
​335 001 – 500 000​1% of taxable turnover above 335 000
​500 001 – 750 000​1 650 + 2% of taxable turnover above 500 000
​750 001 and above​6 650 + 3% of taxable turnover above 750 000

2022 (1 March 2021 – 28 February 2022)no changes from last year

Taxable turnover (R)​    ​Rate of tax (R)​
1 – 335 000​0% of taxable turnover
​335 001 – 500 000​1% of taxable turnover above 335 000
​500 001 – 750 000​1 650 + 2% of taxable turnover above 500 000
​750 001 and above​6 650 + 3% of taxable turnover above 750 000

 

2021 (1 March 2020 – 28 February 2021)no changes from last year

Taxable turnover (R)​    ​Rate of tax (R)​
1 – 335 000​0% of taxable turnover
​335 001 – 500 000​1% of taxable turnover above 335 000
​500 001 – 750 000​1 650 + 2% of taxable turnover above 500 000
​750 001 and above​6 650 + 3% of taxable turnover above 750 000

 

 2020 (1 March 2019 – 29 February 2020)

Taxable turnover (R)​    ​Rate of tax (R)​
0 – 335 000​0% of taxable turnover
​335 001 – 500 000​1% of taxable turnover above 335 000
​500 001 – 750 000​1 650 + 2% of taxable turnover above 500 000
​750 001 and above​6 650 + 3% of taxable turnover above 750 000

 

2019 (1 March 2018 – 28 February 2019)
 
​Taxable turnover (R)​Rate of tax (R)
​0 – 335 000​0%
​335 001 – 500 000​1% of the amount above 335 000
​500 001 – 750 000​1650 + 2% of the amount above 500 000
​750 001 and above​6 650 + 3% of the amount above 750 000
 
2018 (1 March 2017 – 28 February 2018)
 
​Taxable turnover (R)​Rate of tax (R)
​0 – 335 000​0%
​335 001 – 500 000​1% of the amount above 335 000
​500 001 – 750 000​1650 + 2% of the amount above 500 000
​750 001 and above​6 650 + 3% of the amount above 750 000
 
2017 (1 March 2016 – 28 February 2017)
 
​Taxable turnover (R)​Rate of tax (R)
​0 – 335 000​0%
​335 001 – 500 000​1% of the amount above 335 000
​500 001 – 750 000​1650 + 2% of the amount above 500 000
​750 001 and above​6 650 + 3% of the amount above 750 000
 
2016 (1 March 2015 – 29 February 2016)
 
​Taxable turnover (R)​Rate of tax (R)
​0 – 335 000​0%
​335 001 – 500 000​1% of the amount above 335 000
​500 001 – 750 000​1650 + 2% of the amount above 500 000
​750 001 and above​6 650 + 3% of the amount above 750 000
 
2013 – 2015 (1 March 2012 – 28 February 2015)
​Taxable turnover (R)​Rate of tax (R)
​0 – 150 000​0%
​150 001 – 300 000​1% of the amount above 150 000
​300 001 – 500 000​1 500 + 2% of the amount above 300 000
​500 001 – 750 000​5 500 + 4% of the amount above 500 000
​750 001 and above​15 500 + 6% of the amount above 750 000
 

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