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South Africa Corporate Tax Calculator 2022

Calculate Corporate Income Tax (CIT) for the 2022 Tax Year.

“To update year, change SA_CORP_2022 only.” — “SARS Corporate Income Tax rules 2022 — verify annually.”

🏢 Company Profile

Tax Year

Company Residency

Fin. Year Start

Fin. Year End

💰 Income & Expenses

Gross Trading Income

Other Taxable Income

Operating Expenses

Wear & Tear / Capital Allowances

S18A Donations (Deductible)

📉 Adjustments & Payments

Assessed Loss B/F (Previous Year)

Taxable Capital Gains (Included)

Enter the taxable portion of gains.

Provisional Tax Already Paid

Tax Assessment

Final Payable

R0.00

Due to SARS

Taxable Income R0.00

CIT Rate 28%

Corporate Tax R0.00

Less Prov. Paid R0.00

Net Profit (After Tax): R0.00

Understanding Corporate Tax (2022)

🏛️ Standard CIT Rate

For the 2022 tax year (ending between 1 April 2021 and 31 March 2022), the standard Corporate Income Tax (CIT) rate for resident companies remained at 28%.

📉 Deductions & Allowances

Companies can deduct legitimate operating expenses incurred in the production of income.

Capital Allowances: Wear and tear on assets used for trade.
Donations: Section 18A donations are deductible (limited to 10% of taxable income).
Assessed Losses: Can be carried forward to offset future taxable income (2022 rules allowed full offset against taxable income, similar to 2021).

📅 Provisional Tax

Companies must pay two provisional tax payments during the year (6 months and year-end) to avoid large liabilities on assessment. A third optional top-up payment can be made 6 months after year-end (7 months if Feb year-end).

Disclaimer: This calculator uses the 2022 tax year rules (28% Corporate Rate). Specific complex scenarios (Small Business Corporations, Micro Businesses, Special Economic Zones) are not covered in this standard calculator. Always consult a qualified tax practitioner.