Trust Tax Rates 2024 South Africa

Trust Tax Rates 2024 South Africa. Trusts are tax transparent for the most part where the income of the trust vests in a beneficiary in the same tax year. 60% for legal practitioners, 66% for estate agents, 74% for trust service.

For individuals and sole proprietors, the threshold is r95 750, if you are younger than 65 years. The withholding tax on dividends remains the same at 20%.