Sme Tax Rates 2024 South Africa. In february 2024, south africa’s national treasury forecast in its budget review of 2024 that gdp growth will reach only 1.3% in 2024 and 1.6% in 2025, 6 a more optimistic projection. If you are 65 to below 75 years old, the tax threshold (i.e.
To see tax rates from 2014/5, see the archive. You do not meet the definition of an sbc and therefore all profits are taxed at a flat rate of 28%.