| Notes to the Company financial statements | Note 1 |
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2017
R’000 |
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|
2016
R’000 |
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| 1. |
Taxation |
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|
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Current taxation |
87 |
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|
(222) |
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Current year |
2 |
|
|
4 |
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| |
Prior year |
85 |
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|
(226) |
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Foreign withholdings tax |
1 396 |
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|
2 992 |
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| |
Total taxation per statement of comprehensive income |
1 483 |
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|
2 770 |
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The reconciliation of the effective tax rate with the Company tax rate is as follows: |
% |
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|
%v |
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| |
Taxation for the year as a percentage of profit before taxation |
– |
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|
– |
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Dividend and exempt income |
28,5 |
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|
28,0 |
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Changes in prior years’ estimation |
– |
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|
– |
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| |
Withholding taxes |
– |
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|
– |
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| |
Expenses not taxable or allowed |
(0,5) |
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|
– |
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| |
Rate of South African company taxation |
28,0 |
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|
28,0 |
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| Notes to the Company financial statements | Note 1 |
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