| 2018 R’000 |
2017 R’000 |
|||||
| 1. | Taxation | |||||
| Current taxation | 59 | 87 | ||||
| Current year | 59 | 2 | ||||
| Prior year | – | 85 | ||||
| Foreign withholdings tax | 332 | 1 396 | ||||
| Total taxation per statement of comprehensive income | 391 | 1 483 | ||||
| The reconciliation of the effective tax rate with the company tax rate is as follows: | % | % | ||||
| Taxation for the year as a percentage of profit before taxation | ||||||
| Dividend and exempt income | 28,7 | 28,5 | ||||
| Capital gains rate differential | – | – | ||||
| Withholding taxes | – | – | ||||
| Expenses not taxable or allowed | (0,7) | (0,5) | ||||
| Rate of South African company taxation | 28,0 | 28,0 | ||||