OUTsurance Group (JSE:OUT) Tax Rate % : 29.04% (As of Jun. 2023)

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What is OUTsurance Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. OUTsurance Group's Tax Expense for the six months ended in Jun. 2023 was R724 Mil. OUTsurance Group's Pre-Tax Income for the six months ended in Jun. 2023 was R2,493 Mil. Therefore, OUTsurance Group's Tax Rate % for the quarter that ended in Jun. 2023 was 29.04%.

OUTsurance Group Tax Rate % Historical Data

The historical data trend for OUTsurance Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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OUTsurance Group Tax Rate % Chart

OUTsurance Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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20.07

36.34

35.39

37.61

29.96

OUTsurance Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															37.72	41.67	34.61	30.97	29.04

OUTsurance Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

OUTsurance Group's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	1431	/	4776
	=	29.96 %

OUTsurance Group's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	724	/	2493
	=	29.04 %

OUTsurance Group Tax Rate % Related Terms

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OUTsurance Group (JSE:OUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » OUTsurance Group Ltd (JSE:OUT) » Definitions » Tax Rate %

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Address

1241 Embankment Road, Zwartkop Ext 7, Centurion, GT, ZAF, 0157

Website

https://www.outsurance.co.za

OUTsurance Group Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits, investment and savings, healthcare solutions and short-term insurance to individual clients, small and medium businesses, large companies, organizations and public enterprises through investments in Discovery Limited, MMI Holdings Limited, OUTsurance Holdings Limited and RMB-SI investments proprietary Ltd. It holds a number of brands such as Discovery Health, Discovery Life, Discovery Invest, Momentum, and Ping An Health. The company earns a majority of its revenue South Africa.