Income tax rates

Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Dryk Holdings Newsletter.

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

The personal income tax rates for financial years 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 7,479  (Total - R 21,114)

Tertiary rebate (65 and older of age)        -  R 2,493 (Total - R 23,607)


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

The personal income tax rates for financial years 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)    -  R 7,407

Tertiary rebate (65 and older of age)        -  R 2,466


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

 

The personal income tax rates for financial years 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)    -  R 7,407

Tertiary rebate (65 and older of age)        -  R 2,466

 

 

 

Read more about the services we offer:

Company registration packages

SARS registration packages

BEE EME certificates

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

Monthly bookkeeping services

Annual financial statements