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Individual Income Tax Statutory Table

February 17, 2017

The individual income tax rates for tax year ending 28 February 2017:

Taxable Income Tax Rate
R 0 – R 188,000 18% above R 1
R 188,001 – R 293,600 R 33,840 + 26% of taxable income above R 188,000
R 293,601 – R 406,400 R 61,296 + 31% of taxable income above R 293,600
R 406,401 – R 550,100 R 96,264 + 36% of taxable income above R 406,400
R 550,101 – R 701,300 R 147,996 + 39% of taxable income above R 550,100
Above R 701,301 R 206,964 + 41% of taxable income above R 701,300

Primary rebate: R 13,500
Secondary rebate (65 years and older): R 7,407
Tertiary rebate (75 years and older): R 2,466

 

The individual income tax rates for tax year ending 28 February 2018:

Taxable income 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

 

Primary rebate:  R 13,635
Secondary rebate (65 years and older): R 7,479
Tertiary rebate (75 years and older): R 2,493