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Trust Tax Rates 2024 South Africa

Trust Tax Rates 2024 South Africa. Beyond the tipping point, higher tax rates will yield diminishing returns by supressing economic activity and discouraging compliance. Trusts must now provide more.


Trust Tax Rates 2024 South Africa

The south african revenue service (sars) has introduced several tax changes and documentation updates for the 2024 tax season. Trusts are taxed at 45% on 80% of the capital gain, whereas individuals are taxed at their marginal tax rate on 40% of the gain.

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