What is a Rebate?

7 March 2022  | 1 response
What is a Rebate?

Answered
Johan Swart
Johan Swart - Head of Tax Services
21 February 2022

A rebate is a discount on the tax payable for a particular tax year. A rebate therefore affects tax payable directly, unlike a deduction.

Other related questions View all
New tax legislation tax article Feature Story Square images May 2021

Who has to pay income tax?

Money

What is an IRP5?

Money

Why do we pay tax?

Money