Example: tourism industry
TAX GUIDE

TAX GUIDE

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Provisional tax returns showing an estimation of total taxable income for the year of assessment are required from provisional taxpayers. Deceased estates are not provisional taxpayers. Retirement fund lump sum withdrawal benefits Taxable income (R) Rate of tax (R) 1 – 25 000 0% of taxable income 25 001 - 660 000 18% of taxable income above ...

  Provisional

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