Income Tax Rates

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Below is a summary of the personal income tax rates for the financial year ending 28 February 2020.

The personal income tax rates for financial years ending 28 February 2020 :

Taxable income:                                       Tax rate:

R 0 - R 195,850                                      -  18% above R 1

R 195,851 - R 305,850                            -  R 35,253 + 26% of taxable income above R 195,850                                     

R 305,851 - R 423,300                            -  R 63,853 + 31% of taxable income above R 305,850

R 423,301 - R 555,600                            -  R 100,263 + 36% of taxable income above R 423,300

R 555,601 - R 708,310                            -  R 147,891 + 39% of taxable income above R 555,600

R 708,311 - R 1,500,000                         -  R 207,448 + 41% of taxable income above R 708,310   

Above R 1,500,001                                  - R 532,041 + 45% of taxable income above R 1,500,000 

Primary rebate                                          -  R 14,220

Secondary rebate (65 and older of age)   -  R 22,014

Tertiary rebate (75 and older of age)         -  R 24,615


Below is a summary of the personal income tax rates for the financial year ending 28 February 2019.

The personal income tax rates for financial years ending 28 February 2019 :

Taxable income:                                       Tax rate:

R 0 - R 195,850                                      -  18% above R 1

R 195,851 - R 305,850                            -  R 35,253 + 26% of taxable income above R 195,850                                     

R 305,851 - R 423,300                            -  R 63,853 + 31% of taxable income above R 305,850

R 423,301 - R 555,600                            -  R 100,263 + 36% of taxable income above R 423,300

R 555,601 - R 708,310                            -  R 147,891 + 39% of taxable income above R 555,600

R 708,311 - R 1,500,000                         -  R 207,448 + 41% of taxable income above R 708,310   

Above R 1,500,001                                  - R 532,041 + 45% of taxable income above R 1,500,000 

Primary rebate                                          -  R 14,067

Secondary rebate (65 and older of age)   -  R 21,780

Tertiary rebate (75 and older of age)         -  R 24,354


Below is a summary of the personal income tax rates for the financial year ending 28 February 2018.

The personal income tax rates for financial year ending 28 February 2018 :

Taxable income                                      Tax rate

R 0 - R 189,880                                      -  18% above R 1

R 189,881 - R 296,540                            -  R 34,178 + 26% of taxable income above R 189,880                                     

R 296,541 - R 410,460                            -  R 61,910 + 31% of taxable income above R 296,540

R 410,461 - R 555,600                            -  R 97,225 + 36% of taxable income above R 410,460

R 555,601 - R 708,310                            -  R 149,475 + 39% of taxable income above R 555,600

R 708,311 - R 1,500,000                         -  R 209,032 + 41% of taxable income above R 708,310   

Above R 1,500,001                                  - R 533,625 + 45% of taxable income above R 1,500,000

 

Primary rebate                                          -  R 13,635

Secondary rebate (65 and older of age)    -  R 21,114

Tertiary rebate (75 and older of age)        -  R 23,607


Below is a summary of the personal income tax rates for the financial year ending 28 February 2017.

The personal income tax rates for financial year ending 28 February 2017 :

Taxable income                                      Tax rate

R 0 - R 188,000                                      -  18% above R 1

R 188,001 - R 293,600                            -  R 33,840 + 26% of taxable income above R 188,000

R 293,601 - R 406,400                            -  R 61,296 + 31% of taxable income above R 293,600

R 406,401 - R 550,100                            -  R 96,264 + 36% of taxable income above R 406,400

R 550,101 - R 701,300                            -  R 147,996 + 39% of taxable income above R 550,100

Above R 701,301                                    -  R 206,964 + 41% of taxable income above R 701,300

 

Primary rebate                                          -  R 13,500

Secondary rebate (65 and older of age)    -  Plus R 7,407

Tertiary rebate (75 and older of age)        -  Plus R 2,466


Below is a summary of the personal income tax rates for the financial year ending 28 February 2016. 

The personal income tax rates for financial year ending 28 February 2016 :

Taxable income                                      Tax rate

R 0 - R 181,900                                      -  18% above R 1

R 181,901 - R 284,100                            -  R 32,742 + 26% of taxable income above R 181,900

R 284,101 - R 393,200                            -  R 59,314 + 31% of taxable income above R 284,100

R 393,201 - R 550,100                            -  R 93,135 + 36% of taxable income above R 393,200

R 550,101 - R 701,300                            -  R 149,619 + 39% of taxable income above R 550,100

Above R 701,301                                    -  R 208,587 + 41% of taxable income above R 701,300 

Primary rebate                                          -  R 13,257

Secondary rebate (65 and older of age)    -  Plus R 7,407

Tertiary rebate (75 and older of age)        -  Plus R 2,466 

 

Read more about the services we offer:

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BEE EME certificates

Employees tax (PAYE) or value added tax (VAT) registration.

Monthly bookkeeping services

Annual financial statements




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