Calculate South African dividend withholding tax on your dividend income.
Dividend Withholding Tax Rates
South Africa applies the following dividend withholding tax rates:
- 20% for South African residents (standard rate)
- 20% for non-residents (may be reduced by tax treaties)
- 0% for qualifying exempt entities
Who is Exempt?
The following are typically exempt from dividend withholding tax:
- South African companies receiving dividends from other SA companies
- Retirement funds and pension funds
- Public benefit organizations (PBOs)
- Certain institutional investors
How It Works
Dividend withholding tax is deducted at source by the company paying the dividend. The net amount after tax is what you receive in your account. This tax is final for individuals and doesn't need to be included in your income tax return.