| 2018 Rm |
2017 Rm |
|||||
|---|---|---|---|---|---|---|
| 3. | TAXATION | |||||
| Foreign and withholding taxation | (3) | (2) | ||||
| Current year | (49) | (63) | ||||
| Prior year | 5 | |||||
| (52) | (60) | |||||
| Deferred taxation | ||||||
| Current year | 1 | (3) | ||||
| Taxation attributable to the company | (51) | (63) |
| 2018 Rm |
2017 Rm |
|||||
|---|---|---|---|---|---|---|
| Reconciliation of rate of taxation: | ||||||
| South Africa normal taxation rate | 28.0 | 28.0 | ||||
| Reduction in rate of taxation | (20.5) | (17.9) | ||||
| Adjustment due to exemption for dividend income | (20.5) | (17.9) | ||||
| Taxation on unprovided temporary differences | ||||||
| Increase in the rate of taxation | 1.6 | 0.2 | ||||
| Disallowable charges* | 1.0 | 0.7 | ||||
| Prior year | (0.8) | |||||
| Withholding taxation | 0.6 | 0.3 | ||||
| Taxation as a percentage of profit before taxation | 9.1 | 10.3 |
| * | Disallowable charges include depreciation, interest paid to SARS, consulting fees and other expenses attributable to non-taxable income. |