|
TAXABLE INCOME |
RATES OF TAX |
|
0 – 181 900 |
18% |
|
181 901 – 284 100 |
R 32 742 + 26% over R 181 900 |
|
284 101 – 393 200 |
R 59 314 + 31% over R 284 100 |
|
393 201 – 550 100 |
R 93 135 + 36% over R 393 200 |
|
550 101 – 701 300 |
R 149 619 + 39% over R 550 100 |
|
701 301 + |
R 208 587 + 41% over R 701 300 |
|
|
|
TAX THRESHOLDS
|
1 |
Persons under 65 |
R 73 650 |
|
2 |
Persons 65 to 74 |
R 114 800 |
|
3 |
Persons 75 + |
R 128 500 |
|
|
|
|
TAX REBATES
|
1 |
Primary Rebate |
R 13 257 |
|
2 |
Secondary Rebate : Persons 65 years and older |
R 7 407 |
|
3 |
Tertiary Rebate : Persons 75 years and older |
R 2 466 |
|
|
|
|
MONTHLY MEDICAL AID REBATES
|
1 |
Persons under 65 |
R 270 |
|
|
2 |
Persons under 65 |
With one dependant |
R540 |
|
3 |
Each additional dependant qualifies for a further credit of R 181.00 per month.
|
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EXEMPTIONS
- Local Dividends Received
- Local Interest Received
- Under 65 years R 23 800
- Over 65 years R 34 500
- UIF benefits
- Road Accident payouts
