Financial years ending 28 February 2020 :
Tax table
Taxable income: Tax rate:
1 – 195 850 18% of taxable income
195 851 – 305 850 35 253 + 26% of taxable income above 195 850
305 851 – 423 300 63 853 + 31% of taxable income above 305 850
423 301 – 555 600 100 263 + 36% of taxable income above 423 300
555 601 – 708 310 147 891 + 39% of taxable income above 555 600
708 311 – 1 500 000 207 448 + 41% of taxable income above 708 310
1 500 001 and above 532 041 + 45% of taxable income above 1 500 000
Rebates
Primary rebate - R 14,220
Secondary rebate (65 and older of age) - R 7,794
Tertiary rebate (75 and older of age) - R 2,601
Thresholds
below 65 years of age - R 79,000
older than 65 and younger than 75 - R 122,300
above 75 years of age - R 136,750
Medical Tax Credits
Main member of a medical aid - R 310
The first dependant - R 310
Every additional dependant - R 209
