Page 47 - Robin Twaddle PTG 2017 Digital

COMPARATIVE TAX RATES

RATES OF TAX 2016 2017 2018

NATURAL PERSONS 41% 41% 45%
Maximum marginal rate 701 300 701 300 1 500 000
◆◆ Reached at a taxable income
Minimum rate 18% 18% 18%
◆◆ Up to taxable income of 181 900 188 000 189 880
◆◆ CGT inclusion rate 33.3% 40.0% 40.0%

COMPANIES & CC’s 28% 28% 28%
◆◆ Normal tax rate 15% 15% 20%
◆◆ Dividends Tax 66.6% 80% 80%
◆◆ CGT inclusion rate
41% 41% 45%
TRUSTS (other than special trusts) 66.6% 80% 80%
◆◆ Flat rate
◆◆ CGT inclusion rate 20% 20% 20%
20% 20% 20%
SUNDRY
◆◆ Donations Tax 28% 28% 28%
◆◆ Estate Duty 550 000 550 000 550 000

SMALL BUSINESS CORPORATIONS 0% 0% 0%
Maximum marginal rate 73 650 75 000 75 750
◆◆ Reached at a taxable income
Minimum rate 3% 3% 3%
◆◆ Up to a taxable income of 750 000 750 000 750 000

MICRO BUSINESS 0% 0% 0%
Max Rate of Tax 335 000 335 000 335 000
◆◆ On turnover of
Minimum Rate
◆◆ Up to a turnover of

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