| |
| |
Group |
Company |
|
R'000 |
2025 |
2024 |
2025 |
2024 |
| Current tax |
|
|
|
|
| Current year expense |
150 523 |
321 561 |
20 |
106 |
| Prior year over provision |
(2 001) |
(17 007) |
(106) |
(178) |
| |
148 522 |
304 554 |
86 |
(72) |
| Deferred tax |
|
|
|
|
| Current year credit |
(101 289) |
(78 154) |
– |
– |
| Prior year over provision |
– |
(7 254) |
– |
– |
| |
(101 289) |
(85 408) |
– |
– |
| |
47 233 |
219 145 |
86 |
(72) |
| |
Group |
Company |
| Reconciliation between applicable tax rate and average effective tax rate |
2025
% |
2024
% |
2025
% |
2024
% |
| Applicable tax rate |
27.00 |
27.00 |
27.00 |
27.00 |
| Permanent differences* |
(1.32) |
1.47 |
– |
– |
| Prior year over provision |
(0.33) |
(2.74) |
(0.04) |
(0.02) |
| Dividend Income |
(0.17) |
(0.05) |
(29.13) |
(27.75) |
| Non-taxable income |
(0.47) |
(1.33) |
2.09 |
0.81 |
| Capital gain inclusion |
– |
0.42 |
– |
– |
| Limitation on utilisation of assessed loss |
0.16 |
(0.05) |
0.11 |
(0.05) |
| |
24.88 |
24.72 |
0.03 |
(0.01) |
| * |
Includes legal fees, consulting fees, other costs incurred to produce non-taxable income and other permanent differences. |
|
