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Personal Income Tax Rates For Individuals

Financial years ending 28 February 2018 :

Tax table

Taxable income and 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

Rebates

Primary rebate                                          -  R 13,635

Secondary rebate (65 and older of age)    -  R 7,479  (Total - R 21,114)

Tertiary rebate (75 and older of age)        -  R 2,493 (Total - R 23,607)

Thresholds for financial years ending February 2018

 below 65 years of age                                  -  R 75,750

older than 65 and younger than 75              -  R 117,300

above 75 years of age                                  -  R 131,150

Medical Tax Credits

Main member of a medical aid                 - R 303

The first dependant                                  - R 303

Every additional dependant                     -  R 204