TAXABLE INCOME

RATES OF TAX

0 – 188 000

18%

188 001 – 293 600

R 33 840 + 26% over R 188 000

293 601 – 406 400

R 61 296 + 31% over R 293 600

406 401 – 550 100

R 96 264 + 36% over R 406 400

550 101 – 701 300

R 147 996 + 39% over R 550 100

701 301 +

R 206 694 + 41% over R 701 300

1 

Persons under 65

R 75 000

2

Persons 65 to 74

R 116 150

3

Persons 75 +

R 129 850

  1   

Primary Rebate

R 13 500

 2

Secondary Rebate : Persons 65 years and older

R 7 407

 3

Tertiary Rebate :   Persons 75 years and older

R 2 466

   1   

Persons under 65

R 286

    2

Persons under 65

With one dependant

R572

    3

Each additional dependant (more than 2) qualifies for a further credit of

R 192.00 per month.