- Estimated tax collection for 2010/2011 was R650 billion
- Of this, R224 billion (i.e. 35%) comes from individuals
- About 45% of the R224 billion comes from 150 000 people (i.e. those who are in the super tax bracket and earn more than R556 000 per annum)
- The remaining 55% comes from the other 21 million people who earn between the tax threshold and the super tax bracket. The equates to about 19% (i.e. 55% of the 35%)
Some Food for Thought After the Budget Speech
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