Sasol Limited – Annual report – 30 June 2025
Industry: oil and gas
9 Taxation (extract)
1 The decrease in 2025 mainly relates to reduced taxable profits.
2 Mainly relates to Section 12L allowances in South Africa.
3 2025 is in respect of Pillar Two that introduced a 15% global minimum effective tax rate for large multi-national entities. The Group has applied a temporary mandatory relief from deferred tax accounting for the impacts of the top-up tax and accounts for it as a current tax.
4 2025 decrease due to impairments recognised in the current year, 2023 also related to impairment.
5 The decrease in the current year relates mainly to the non-recoverability of a deferred tax asset previously recognised on tax losses in Italy to the amount of R1,6 billion, partially offset by the impact of current year impairments and tax loss mainly in the US.
6 Relates mainly to Louisiana (US) tax rate reduction that was recently enacted.
STATEMENT OF CASH FLOWS (extract)
for the year ended 30 June
STATEMENT OF FINANCIAL POSITION
at 30 June
Accounts examples 