{"id":404785,"date":"2020-06-07T07:00:50","date_gmt":"2020-06-07T05:00:50","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=404785"},"modified":"2020-06-05T15:36:31","modified_gmt":"2020-06-05T13:36:31","slug":"this-is-who-is-paying-tax-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/404785\/this-is-who-is-paying-tax-in-south-africa\/","title":{"rendered":"This is who is paying tax in South Africa"},"content":{"rendered":"<p>Finance minister Tito Mboweni has published new data on how South Africa&#8217;s tax statistics have changed over the last five years.<\/p>\n<p>Responding as part of a written parliamentary Q&amp;A, Mbonweni&#8217;s data indicates that there has been a clear decrease in persons submitting Personal Income Tax (PIT) while the number of Corporates submitting returns (CIT) has increased.<\/p>\n<p>Despite this shift, provisional tax data published by SARS in April shows that Personal Income Tax (PIT) is still a key source of revenue.<\/p>\n<p>In 2019\/2020 the revenue collector collected a gross amount of R1.6 trillion, which was offset by refunds of R291.9 billion, resulting in net collections of R1.35 trillion.<\/p>\n<p>This represents growth of R68.2 billion (5.3%) against the 2018\/19 financial year, the revenue collector said.<\/p>\n<p>SARS noted that the main sources of revenue that contributed to the R1.35 trillion collected were:<\/p>\n<ul>\n<li>Personal Income Tax (PIT) contributed R528.9 billion (39%);<\/li>\n<li>Value-Added Tax (VAT) contributing R346.6 billion (25.6%);<\/li>\n<li>Company Income Tax (CIT), contributed R214.7 billion (15.8%);<\/li>\n<li>Customs duties contributed R55.4 billion (4.1%).<\/li>\n<\/ul>\n<p>The below table, provided by Mboweni, shows the total number of persons who submitted personal tax returns in each of the past five tax years.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-404789\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax.png\" alt=\"\" width=\"900\" height=\"133\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax.png 595w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-300x44.png 300w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a><\/p>\n<p>The below table shows the total amount of tax paid by personal taxpayers in each of the last five tax years.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-3.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-404793\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-3.png\" alt=\"\" width=\"900\" height=\"219\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-3.png 1390w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-3-300x73.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-3-1024x249.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-3-768x187.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-3-1200x292.png 1200w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a><\/p>\n<p>The final tables show the total number of companies that submitted corporate tax returns in each of the past five tax years and the total amount of tax paid by corporate entities in each specified tax year.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-4.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-404797\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-4.png\" alt=\"\" width=\"900\" height=\"66\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-4.png 1188w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-4-300x22.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-4-1024x75.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-4-768x56.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a><\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-5.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-404799\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-5.png\" alt=\"\" width=\"900\" height=\"260\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-5.png 1397w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-5-300x87.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-5-1024x296.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-5-768x222.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/06\/Tax-5-1200x347.png 1200w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a><\/p>\n<p><strong>Demographics<\/strong><\/p>\n<p>South Africa&#8217;s annual tax statistics published at the end of 2019 also provides interesting data on who is paying South Africa&#8217;s Personal Income Tax.<\/p>\n<p>SARS&#8217; data shows that:<\/p>\n<ul>\n<li>2,680,449 (54.5%) of assessed taxpayers were male taxpayers; 2,236,580 (45.5%) were female;<\/li>\n<li>1,342,511 (27.3%) of assessed taxpayers were aged 35 to 44 years; and<\/li>\n<li>1,976,674 (40.2%) of assessed taxpayers were registered in Gauteng, of which 636,460 lived in the Johannesburg Metro and were taxed on an average taxable income of R446,838.<\/li>\n<\/ul>\n<p>This graph shows how income tax collection looks distributed geographically:<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax-map.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-363124\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax-map.jpeg\" alt=\"\" width=\"1085\" height=\"686\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax-map.jpeg 1085w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax-map-300x190.jpeg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax-map-1024x647.jpeg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax-map-768x486.jpeg 768w\" sizes=\"auto, (max-width: 1085px) 100vw, 1085px\" \/><\/a><\/p>\n<p>This graph shows how income tax collection is distributed between males and females:<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/tax-gender.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-363128\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/tax-gender.jpeg\" alt=\"\" width=\"1003\" height=\"537\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/tax-gender.jpeg 1003w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/tax-gender-300x161.jpeg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/tax-gender-768x411.jpeg 768w\" sizes=\"auto, (max-width: 1003px) 100vw, 1003px\" \/><\/a><\/p>\n<p>This graph shows how income tax collection is distributed across broad income groups:<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-363126\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax.jpeg\" alt=\"\" width=\"770\" height=\"550\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax.jpeg 770w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax-300x214.jpeg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/Income-tax-768x549.jpeg 768w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><\/a><\/p>\n<p>This table shows how income tax collection is distributed across narrow income groups:<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/2018-tax-table.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-363122\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/2018-tax-table.jpeg\" alt=\"\" width=\"691\" height=\"721\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/2018-tax-table.jpeg 691w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/12\/2018-tax-table-288x300.jpeg 288w\" sizes=\"auto, (max-width: 691px) 100vw, 691px\" \/><\/a><\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/finance\/404517\/these-3-south-african-stocks-are-set-to-benefit-most-post-covid-analysts\/\" target=\"_blank\" rel=\"noopener noreferrer\">These 3 South African stocks are set to benefit most post-Covid: analysts<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Finance Tito Mboweni has published new data on how South Africa&#8217;s tax statistics have changed over the last five years.<\/p>\n","protected":false},"author":10,"featured_media":295732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[26],"class_list":["post-404785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/404785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=404785"}],"version-history":[{"count":9,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/404785\/revisions"}],"predecessor-version":[{"id":405413,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/404785\/revisions\/405413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/295732"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=404785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=404785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=404785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}