Sanlam (JSE:SLM) Tax Rate % : 22.10% (As of Dec. 2024)

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What is Sanlam Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sanlam's Tax Expense for the six months ended in Dec. 2024 was R3,186 Mil. Sanlam's Pre-Tax Income for the six months ended in Dec. 2024 was R14,417 Mil. Therefore, Sanlam's Tax Rate % for the quarter that ended in Dec. 2024 was 22.10%.

Sanlam Tax Rate % Historical Data

The historical data trend for Sanlam'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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Sanlam Tax Rate % Chart

Sanlam Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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41.37

8.46

20.64

21.26

21.04

Sanlam Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															21.11	24.19	19.15	20.03	22.10

Sanlam Tax Rate % Calculation

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

Sanlam's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	6210	/	29513
	=	21.04 %

Sanlam's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	3186	/	14417
	=	22.10 %

Sanlam Tax Rate % Related Terms

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Sanlam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sanlam Ltd (JSE:SLM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SLLDY:USA SLA:Namibia LA6A:Germany

Address

2 Strand Road, Bellville, ZAF, 7530

Website

https://www.sanlam.com

Sanlam Ltd sells insurance products and provides investment and wealth management services. Its operating segments include Sanlam Life and Savings, further divided into SA Retail Affluent provides life insurance and investment solutions to the middle and upper level of the market, SA Retail Mass provides life insurance and investment solutions to the entry level market; and Sanlam Corporate provides employee benefits services, group risk and investment services to retirement funds and corporates; Sanlam Emerging Markets incorporates Sanlam's businesses outside of South Africa, except for Sanlam UK and the smaller businesses in Australia; Sanlam Investment Group incorporates investment and wealth management businesses; and Santam being Sanlam's general insurance provider in South Africa.