XML 69 R62.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Taxation (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2018
Taxation |
Schedule of taxation |
|  |  |  | 2018 |  | 2017 |  | 2016 |
for the year ended 30 June |  | Note |  | Rm |  | Rm |  | Rm |
South African normal tax |  |  |  | 4 035 |  | 4 393 |  | 5 826 |
current year |  |  |  | 4 689 |  | 3 887 |  | 6 084 |
prior years |  |  |  | (654 | ) | 506 |  | (258 | )
Dividend withholding tax |  |  |  | 68 |  | 59 |  | 86 |
Foreign tax |  |  |  | 2 530 |  | 2 682 |  | 2 420 |
current year |  |  |  | 3 035 |  | 2 680 |  | 2 704 |
prior years |  |  |  | (505 | ) | 2 |  | (284 | )
Income tax |  |  |  | 6 633 |  | 7 134 |  | 8 332 |
Deferred tax — South Africa |  | 14 |  | (414 | ) | 2 677 |  | 1 894 |
current year |  |  |  | (545 | ) | 2 634 |  | 1 878 |
prior years |  |  |  | 131 |  | 43 |  | 16 |
Deferred tax — foreign |  | 14 |  | (661 | ) | (1 316 | ) | (1 535 | )
current year |  |  |  | (874 | ) | (718 | ) | (734 | )
prior years |  |  |  | 485 |  | (127 | ) | 81 |
recognition of previously unrecognised deferred tax assets* |  |  |  | (49 | ) | (470 | ) | (945 | )
tax rate change |  |  |  | (223 | ) | (1 | ) | 63 |
|  |  |  | 5 558 |  | 8 495 |  | 8 691 |
| * |  | Included in the previous years is the recognition of a deferred tax asset relating to the accumulated tax losses in Italy which were previously limited in line with the forecasted utilisation thereof. In 2017, recent profits and a successful business turnaround strategy have resulted in the recognition of a previously unrecognised deferred tax asset of EUR25,4 million (R377,2 million). Additionally in 2017 R93 million (2016 - R917 million) of previously unrecognised tax assets were recognised after the approval of the Production Sharing Agreement (PSA) licence area’s Field Development Plan (FDP) in Mozambique.
Regional analysis |  |  |  |  |  |  |  |  |
 South Africa |  |  |  | 3 994 |  | 7 013 |  | 7 806 |
 Rest of Africa |  |  |  | 854 |  | 951 |  | (526 | )
 Europe |  |  |  | 1 649 |  | 906 |  | 1 137 |
 United States of America |  |  |  | (1 032 | ) | (424 | ) | 183 |
 Other |  |  |  | 93 |  | 49 |  | 91 |
Total operations |  |  |  | 5 558 |  | 8 495 |  | 8 691 |
Schedule of reconciliation of effective tax rate to current tax rate |
|  | 2018 |  | 2017 |  | 2016 |
|  | % |  | % |  | % |
Reconciliation of effective tax rate |  |  |  |  |  |  |
The table below shows the difference between the South African enacted tax rate (28%) compared to the effective tax rate in the income statement. Total income tax expense differs from the amount computed by applying the South African normal tax rate to profit before tax. The reasons for these differences are: |  |  |  |  |  |  |
South African normal tax rate |  | 28,0 |  | 28,0 |  | 28,0 |
Increase in rate of tax due to: |  |  |  |  |  |  |
disallowed preference share dividends |  | 0,9 |  | 0,9 |  | 1,2 |
disallowed expenditure(1) |  | 4,2 |  | 2,3 |  | 4,3 |
disallowed share-based payment expenses(2) |  | 5,3 |  | 0,1 |  | 0,2 |
translation differences |  | — |  | — |  | 1,1 |
different tax rates |  | 2,6 |  | 0,3 |  | 1,0 |
effect of tax litigation matters(3) |  | — |  | 3,2 |  | — |
tax losses not recognised(4) |  | 9,3 |  | 1,0 |  | 13,1 |
prior year adjustments |  | 0,4 |  | — |  | — |
other adjustments |  | 1,5 |  | 0,4 |  | 1,2 |
|  | 52,2 |  | 36,2 |  | 50,1 |
Decrease in rate of tax due to: |  |  |  |  |  |  |
exempt income(5) |  | (4,2 | ) | (0,4 | ) | (0,8 | )
share of profits of equity accounted investments |  | (2,6 | ) | (1,0 | ) | (0,6 | )
exempt income on reversal of EGTL provision |  | — |  | — |  | (2,7 | )
recognition of previously unrecognised deferred tax assets |  | — |  | (1,6 | ) | (4,0 | )
utilisation of tax losses |  | (0,4 | ) | — |  | (0,7 | )
investment incentive allowances(6) |  | (6,9 | ) | (2,4 | ) | (2,4 | )
effect of tax rate change in the US |  | (1,4 | ) | — |  | — |
translation differences |  | (0,9 | ) | (0,9 | ) | — |
prior year adjustments |  | — |  | (1,4 | ) | (1,9 | )
other adjustments |  | (0,4 | ) | (0,2 | ) | (0,4 | )
Effective tax rate |  | 35,4 |  | 28,3 |  | 36,6 |
Adjusted effective tax rate(7) |  | 27,3 |  | 26,5 |  | 28,2 |
| (1) |  | Includes non-deductible expenses incurred not deemed to be in the production of taxable income mainly relating to exploration activities.
| (2) |  | This relates to the recognition of a share-based payment expense of R3 billion with the implementation of Sasol Khanyisa, our new Broad-Based Black Economic Empowerment (B-BBEE) ownership structure.
| (3) |  | 2017, includes tax, interest and penalties of litigation matters pertaining to Sasol Oil.
| (4) |  | Tax losses not recognised in 2018 resulted mainly from the R2,8 billion impairment of the Canadian shale gas asset and the Mozambique PSA impairment of R1,1 billion for which no deferred tax asset was raised. Refer note 9.
| (5) |  | Includes profit on disposal of our investments in Petronas Chemicals LDPE Sdn Bhd and Petronas Chemicals Olefins Sdn Bhd.
| (6) |  | Energy efficiency allowances increased by R300 million compared to the prior year.
| (7) |  | Effective tax rate adjusted for equity accounted investments, remeasurement items and the once-off items.

X
- References No definition available. + Details
Name: | ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components on income tax expense. + References No definition available. + Details
Name: | ssl_ScheduleOfComponentsOfIncomeTaxExpenseTableTextBlock
Namespace Prefix: | ssl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of the effective tax rate. + References No definition available. + Details
Name: | ssl_ScheduleOfReconciliationEffectiveIncomeTaxRateTableTextBlock
Namespace Prefix: | ssl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration