Rates of tax for individuals
2019 tax year (1 March 2018 – 28 February 2019) – see changes from last year
| ‹Taxable income (R) | ‹Rates of tax (R) |
|---|---|
| 0 – 195 850 | 18% of taxable income |
| 195 851 – 305 850 | 35 253 + 26% of taxable income above 195 850 |
| 305 851 – 423 300 | 63 853 + 31% of taxable income above 305 850 |
| 423 301 – 555 600 | 100 263 + 36% of taxable income above 423 300 |
| 555 601 – 708 310 | 147 891 + 39% of taxable income above 555 600 |
| 708 311 – 1 500 000 | 207 448 + 41% of taxable income above 708 310 |
| 1 500 001 and above | 532 041 + 45% of taxable income above 1 500 000 |
2018 tax year (1 March 2017 – 28 February 2018)
| ‹Taxable income (R) | ‹Rates of tax (R) |
|---|---|
| 0 – 189 880 | 18% of taxable income |
| 189 881 – 296 540 | 34 178 + 26% of taxable income above 189 880 |
| 296 541 – 410 460 | 61 910 + 31% of taxable income above 296 540 |
| 410 461 – 555 600 | 97 225 + 36% of taxable income above 410 460 |
| 555 601 – 708 310 | 149 475 + 39% of taxable income above 555 600 |
| 708 311 – 1 500 000 | 209 032 + 41% of taxable income above 708 310 |
| ‹1 500 001 and above | ‹533 625 + 45% of taxable income above 1 500 000 |
2017 tax year (1 March 2016 – 28 February 2017)
| ‹Taxable income (R) | ‹Rates of tax (R) |
|---|---|
| 0 188 000 | 18% of taxable income |
| 188 001 293 600 | 33 840 + 26% of taxable income above 188 000 |
| 293 601 406 400 | 61 296 + 31% of taxable income above 293 600 |
| 406 401 550 100 | 96 264 + 36% of taxable income above 406 400 |
| 550 101 701 300 | 147 996 + 39% of taxable income above 550 100 |
| 701 301 and above | 206 964 + 41% of taxable income above 701 300 |
2016 tax year (1 March 2015 – 29 February 2016)
| ‹Taxable income (R) | ‹Rates of tax (R) |
|---|---|
| ‹0 – 181 900 | ‹18% of each R1 |
| ‹181 901 – 284 100 | ‹32 742 + 26% of the amount above 181 900 |
| ‹284 101 – 393 200 | ‹59 314 + 31% of the amount above 284 100 |
| ‹393 201 – 550 100 | ‹93 135 + 36% of the amount above 393 200 |
| ‹550 101 – 701 300 | ‹149 619 + 39% of the amount above 550 100 |
| ‹701 301 and above | ‹208 587 + 41% of the amount above 701 300 |
2015 tax year (1 March 2014 – 28 February 2015)
| ‹Taxable income (R) | ‹Rates of tax (R) |
|---|---|
| 0 – 174 550‹ | ‹18% of each R1 |
| ‹174 551 – 272 700 | ‹31 419 + 25% of the amount above 174 550 |
| ‹272 701 – 377 450 | ‹55 957 +30% of the amount above 272 700 |
| ‹377 451 – 528 000 | ‹87 382 + 35% of the amount above 377 450 |
| ‹528 001 – 673 100 | ‹140 074 +38% of the amount above 528 000 |
| ‹673 101 and above | ‹195 212 + 40% of the amount above 673 100 |
2014 tax year (1 March 2013 – 28 February 2014)
| ‹Taxable income (R) | ‹Rates of tax (R) |
|---|---|
| ‹0 – 165 600 | ‹18% of each R1 |
| ‹165 601 – 258 750 | ‹29 808 + 25% of the amount above 165 600 |
| ‹258 751 – 358 110 | ‹53 096 + 30% of the amount above 258 750 |
| ‹358 111 – 500 940 | ‹82 904 + 35% of the amount above 358 110 |
| ‹500 941 – 638 600 | ‹132 894 +38% of the amount above 500 940 |
| ‹638 601 and above | ‹185 205 + 40% of the amount above 638 600 |
Tax Rebates
| ‹Tax Rebate | ‹ Tax Year | ||||
|---|---|---|---|---|---|
| ‹2019 | ‹2018 | ‹2017 | ‹2016 | ‹2015 | |
| ‹Primary | R14 067 | ‹R13 635 | ‹R13 500 | ‹R13 257 | ‹R12 726 |
| ‹Secondary (65 and older) | ‹R7 713 | ‹R7 479 | ‹R7 407 | ‹R7 407 | ‹R7 110 |
| ‹Tertiary (75 and older) | ‹R2 574 | ‹R2 493 | ‹R2 466 | ‹R2 466 | ‹R2 367 |
Tax Thresholds
| ‹ Tax Year | |||||
|---|---|---|---|---|---|
| Person | ‹2019 | ‹2018 | ‹2017 | ‹2016 | ‹2015 |
| Under 65 | ‹R78 150 | ‹R75 750 | ‹R75 000 | ‹R73 650 | ‹R70 700 |
| ‹65 an older | ‹R121 000 | ‹R117 300 | ‹R116 150 | ‹R114 800 | ‹R110 200 |
| ‹75 and older | ‹R135 300 | ‹R131 150 | ‹R129 850 | ‹R128 500 | ‹R123 350 |
Leave a Reply
Want to join the discussion?Feel free to contribute!