Tax threshold
The tax threshold is the amount of net profit out of a business or gross remuneration from an employer that can be earned before paying tax for a specific tax year.
Below a short summary of the tax threshold for various financial years.
28 Feb 2013 (below 65 years of age) - R 63,556
28 Feb 2013 - (old than 65 and younger than 75) - R 99,056
28 Feb 2013 - (above 75 years of age) - R 110,889
28 Feb 2014 (below 65 years of age) - R 67,111
28 Feb 2014 - (old than 65 and younger than 75) - R 104,611
28 Feb 2014 - (above 75 years of age) - R 117,111
28 Feb 2015 (below 65 years of age) - R 70,700
28 Feb 2015 - (old than 65 and younger than 75) - R 110,200
28 Feb 2015 - (above 75 years of age) - R 123,350
28 Feb 2016 (below 65 years of age) - R 73,650
28 Feb 2016 - (old than 65 and younger than 75) - R 114,800
28 Feb 2016 - (above 75 years of age) - R 128,500
28 Feb 2017 (below 65 years of age) - R 75,000
28 Feb 2017 - (old than 65 and younger than 75) - R 116,150
28 Feb 2017 - (above 75 years of age) - R 129,850
28 Feb 2018 (below 65 years of age) - R 75,750
28 Feb 2018 - (old than 65 and younger than 75) - R 117,300
28 Feb 2018 - (above 75 years of age) - R 131,150
28 Feb 2019 (below 65 years of age) - R 78,150
28 Feb 2019 - (old than 65 and younger than 75) - R 121,000
28 Feb 2019 - (above 75 years of age) - R 135,300
28 Feb 2020 (below 65 years of age) - R 79,000
28 Feb 2020 - (old than 65 and younger than 75) - R 122,300
28 Feb 2020 - (above 75 years of age) - R 136,750
Read more about the services we offer:
Employees tax (PAYE) or value added tax (VAT) registration.
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