ey-global-tax-policy-outlook-for-2015
ey-global-tax-policy-outlook-for-2015
ey-global-tax-policy-outlook-for-2015
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South Africa<br />
Tax <strong>policy</strong><br />
Justin Liebenberg<br />
justin.liebenberg@za.<strong>ey</strong>.com<br />
+27 11 772 3907<br />
1<br />
| Tax rates (2014–15)<br />
1.1 K<strong>ey</strong> <strong>tax</strong> rates<br />
Charles Makola<br />
charles.makola@za.<strong>ey</strong>.com<br />
+27 11 772 3146<br />
Tax controversy<br />
Christel Brits<br />
christel.brits@za.<strong>ey</strong>.com<br />
+27 11 502 0100<br />
Top corporate<br />
income <strong>tax</strong> (CIT) rate<br />
(national and local<br />
average, if applicable)<br />
Top individual income<br />
<strong>tax</strong> rate (national<br />
and local average, if<br />
applicable)<br />
2014 <strong>2015</strong> Percentage<br />
change<br />
28% 28% —<br />
40% 40% —<br />
Standard value-added<br />
<strong>tax</strong> (VAT) rate<br />
14% 14% —<br />
Stay up to date with<br />
developments in<br />
South Africa by accessing<br />
EY's <strong>global</strong> <strong>tax</strong> alert library<br />
at www.<strong>ey</strong>.com/<strong>tax</strong>alerts.<br />
EY k<strong>ey</strong> contacts<br />
2<br />
| <strong>2015</strong> <strong>tax</strong> <strong>policy</strong> <strong>outlook</strong><br />
2.1 K<strong>ey</strong> drivers of <strong>tax</strong> <strong>policy</strong> change<br />
• Raising revenue to fund government programs and deliver services<br />
• <br />
• Minimizing inequality using the <strong>tax</strong> system<br />
• Changing <strong>tax</strong>payer behaviors<br />
• <br />
Content provision date<br />
12 January <strong>2015</strong><br />
162 | The <strong>outlook</strong> <strong>for</strong> <strong>global</strong> <strong>tax</strong> <strong>policy</strong> in <strong>2015</strong>
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