Trust Tax Rates 2024 South Africa. — with the current trust income tax rate at 45%, the effective cgt rate for trusts is 36% (80% of 45%). — annual exclusion of r40 000 capital gain or capital loss is granted to individuals and special trusts;
In 2023, significant amendments were made to the trust income tax return, with these changes expected to continue in the 2024 tax season. 2024 / 2025 tax year:
