| Notes to the financial statements l Note 9 |
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| Company |
|
| Group |
2021
Rm |
|
| 2020
Rm |
|
| 2021
Rm |
|
| 2020
Rm |
|
|
|
|
| 9. |
Taxation |
|
|
| |
|
|
|
|
|
| Current taxation through profit or loss |
|
|
| |
| 2 |
|
| 2 |
| – Normal tax (South Africa) – current year |
691 |
|
| 376 |
|
|
|
|
|
| – Normal tax (foreign) – current year |
45 |
|
| 13 |
|
|
|
|
|
| – Normal tax – prior year adjustments |
3 |
|
| 3 |
|
|
|
|
|
| – Deferred tax (South Africa) – current year |
(34) |
|
| 41 |
|
|
|
|
|
| – Deferred tax (foreign) – current year |
3 |
|
| 1 |
|
|
|
|
|
| – Deferred tax (South Africa) – prior year adjustments |
2 |
|
| (4) |
|
|
|
|
|
| – Dividend withholding tax |
2 |
|
| 4 |
| 2 |
|
| 2 |
|
| 712 |
|
| 434 |
|
|
|
|
|
| Reconciliation of tax rate |
|
|
| |
| 28,0 |
|
| 28,0 |
| Standard rate – South Africa |
28,0 |
|
| 28,0 |
|
|
|
|
|
| Adjusted for: |
|
|
| |
| (28,0) |
|
| (28,8) |
| Non-taxable dividend income |
(0,2) |
|
| (0,7) |
|
|
|
| 0,7 |
| Non-deductible BBBEE transaction charge |
– |
|
| 0,7 |
|
|
|
|
|
| Dividend withholding tax paid by trusts |
0,0 |
|
| 0,3 |
| 0,4 |
|
| 0,2 |
| Expenses disallowed as a deduction* |
0,2 |
|
| 1,5 |
|
|
|
|
|
| Tax effect from income from associates |
0,0 |
|
| 0,0 |
|
|
|
|
|
| Other differences, including effect of foreign taxes, prior period over/underprovisions and donations tax |
(0,2) |
|
| 0,0 |
| 0,4 |
|
| 0,1 |
| Effective tax rate |
27,8 |
|
| 29,8 |
|
|
|
|
|
| * |
Includes non-deductible share-based payment expenses, expenses attributable to exempt and non-taxable income and expenditure which is capital in nature. |
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| |
| Notes to the financial statements l Note 9 |
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