FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Do you pay tax on a negative profit?

Posted 23 February 2016

Prov says:
23 February 2016 at 17:41

What percentage of your company profits do you pay to tax, if you didn't make any profit and ended in a negative, do you still pay tax?

TaxTim TaxTim says:
23 February 2016 at 22:58

No you will not pay tax if no profits are made. Tax for companies is at 28% of profits.

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.