v3.26.1
Deferred tax (Tables)
12 Months Ended
Jun. 30, 2026
Deferred tax  
Schedule of deferred tax

2026

  ​ ​ ​

2025

 

for the year ended 30 June

Note

Rm

Rm

 

Reconciliation

 

  ​

 

  ​

 

  ​

Balance at beginning of year

 

(32 325)

 

(31 988)

Current year charge

 

(3 135)

 

(1 164)

per the income statement

 

9

 

(3 223)

 

(1 227)

per the statement of comprehensive income

 

88

 

63

Foreign exchange differences recognised in income statement

 

69

 

14

Translation of foreign operations

 

2 284

 

813

Balance at end of year

 

(33 107)

 

(32 325)

Comprising

 

 

Deferred tax assets

 

(35 872)

 

(35 803)

Deferred tax liabilities

 

2 765

 

3 478

 

(33 107)

 

(32 325)

  ​ ​ ​

2026

  ​ ​ ​

2025

for the year ended 30 June

Rm

Rm

Attributable to the following tax jurisdictions

 

  ​

South Africa

(5 127)

 

(4 564)

United States of America

(26 652)

 

(27 426)

Germany

1 119

 

1 087

Mozambique

(2 434)

 

(1 410)

Other

(13)

 

(12)

(33 107)

 

(32 325)

Deferred tax is attributable to temporary differences on the following:

 

Net deferred tax assets:

 

Property, plant and equipment

15 898

 

17 102

Right of use assets

1 695

 

1 573

Current assets

(1 593)

(1 396)

Short- and long-term provisions

(4 629)

 

(3 672)

Calculated tax losses

(37 301)

 

(39 896)

Financial liabilities

757

 

374

Lease liabilities

(3 126)

(2 979)

Other¹

(7 573)

 

(6 909)

(35 872)

 

(35 803)

Net deferred tax liabilities:

 

Property, plant and equipment

4 332

 

5 054

Right of use assets

344

 

461

Current assets

190

 

129

Short- and long-term provisions

(1 957)

 

(2 116)

Calculated tax losses

(4)

 

(8)

Financial liabilities

107

 

107

Lease liabilities

(386)

(501)

Other

139

 

352

2 765

 

3 478

1Other mainly relates to the US interest expense limitation carry forward of R6,6 billion (2025: R6,1 billion).

  ​ ​ ​

2026

  ​ ​ ​

2025

for the year ended 30 June

Rm

Rm

Calculated tax losses

 

  ​

 

  ​

(before applying the applicable tax rate)

 

  ​

 

  ​

Available for offset against future taxable income

 

308 128

 

331 602

Utilised against taxable income

 

(197 176)

 

(211 270)

Not recognised as a deferred tax asset

 

110 952

 

120 332

Calculated tax losses carried forward that have not been recognised:*

 

  ​

 

  ​

Expiry between one and five years

 

531

 

575

Expiry thereafter

 

7 558

 

8 066

Indefinite life

 

102 863

 

111 691

 

110 952

 

120 332

*

Mainly US tax losses partially not recognised as deferred tax assets, as it was no longer considered probable that sufficient future taxable income will be available in the foreseeable future to fully recover the deferred tax asset (refer to note 9).

Schedule of unremitted earnings

  ​ ​ ​

2026

  ​ ​ ​

2025

 

for the year ended 30 June

Rm

Rm

 

Unremitted earnings at end of year that would be subject to dividend withholding tax

 

30 563

 

33 594

Europe

 

23 056

 

23 745

Rest of Africa

 

2 702

 

3 523

Other

 

4 805

 

6 326

Tax effect if remitted

 

742

 

798

Europe

 

462

 

457

Rest of Africa

 

216

 

282

Other

 

64

 

59

Schedule of dividend withholding tax

2026

  ​ ​ ​

2025

  ​ ​ ​

for the year ended 30 June

Rm

Rm

Undistributed earnings at end of year that would be subjected to dividend withholding tax withheld by the company on behalf of Sasol Limited shareholders

103 883

 

90 913

 

Maximum withholding tax payable by shareholders if distributed to individuals

20 777

 

18 183