Workforce Holdings (JSE:WKF) Tax Rate % : 52.02% (As of Dec. 2023)

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What is Workforce Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Workforce Holdings's Tax Expense for the six months ended in Dec. 2023 was R-34 Mil. Workforce Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was R-64 Mil. Therefore, Workforce Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 52.02%.

Workforce Holdings Tax Rate % Historical Data

The historical data trend for Workforce Holdings'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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Workforce Holdings Tax Rate % Chart

Workforce Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.95

-362.97

-8.09

-7.25

66.59

Workforce Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-1.59	-30.69	1.67	126.47	52.02

Workforce Holdings Tax Rate % Calculation

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

Workforce Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-53.332	/	-80.088
	=	66.59 %

Workforce Holdings's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-33.502	/	-64.408
	=	52.02 %

Workforce Holdings Tax Rate % Related Terms

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Workforce Holdings (JSE:WKF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Workforce Holdings Ltd (JSE:WKF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Wellington Road, Parktown, Johannesburg, ZAF, 2193

Website

https://www.workforce.co.za

Workforce Holdings Ltd is an investment holding company. It has structured its operations into the following business segments: the Staffing and outsourcing segment comprises the provision of staff and labor outsourcing solutions; the Training and education segment provides industry and job-specific skills assessments; the Healthcare segment comprises recruitment and placement of medical professionals for hospitals and other healthcare-related business; Financial services segment comprises death and disability cover, funeral cover, hospital cover, day-to-day medical insurance, and financial and mobile products and services. The majority of its revenue comes from the Staffing and outsourcing segment.

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