The Social Security Rate For Employees in South Africa stands at 1 percent. Social Security Rate For Employees in South Africa averaged 1.00 percent from 2004 until 2024, reaching an all time high of 1.00 percent in 2005 and a record low of 1.00 percent in 2005. source: South African Social Security Agency (SASSA)

Social Security Rate For Employees in South Africa is expected to reach 1.00 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Social Security Rate For Employees is projected to trend around 1.00 percent in 2025, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 27.00 27.00 percent Dec 2024
Personal Income Tax Rate 45.00 45.00 percent Dec 2024
Sales Tax Rate 15.00 15.00 percent Dec 2024
Social Security Rate 2.00 2.00 percent Dec 2024
Social Security Rate For Companies 1.00 1.00 percent Dec 2024
Social Security Rate For Employees 1.00 1.00 percent Dec 2024
Withholding Tax Rate 15.00 15.00 percent Dec 2024

South Africa Social Security Rate For Employees
In South Africa, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of South Africa because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 1.00 1.00 2004 - 2024 percent Yearly