Tax rates for the period 1 March 2018 to 28 February 2019 for individuals and special trusts:
Taxable Income (R) | Rate 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 |
Trusts other than special trusts: rate of tax 45%
Rebates
Primary | R14,067 |
Secondary (Persons 65 and older) | R7,713 |
Tertiary (Persons 75 and older) | R2,574 |
Age Tax Threshold
Below age 65 | R78,150 |
Age 65 to below 75 | R121,000 |
Age 75 and over | R135,300 |