Dividend Tax Rate 2024 South Africa South Africa

Dividend Tax Rate 2024 South Africa South Africa. The rate of dividends tax increased from 15% to 20% for any dividend paid on or after 22 february 2017. Stay informed about tax regulations and calculations in south africa in 2024.

The rate of dividends tax increased from 15% to 20% for any dividend paid on or after 22 february 2017. Section 64e(1) of the south african income tax act, 1962 (the act) provides that dividends tax must be levied at a rate of 20% of the amount of any.