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Individual Income Tax Threshold

February 17, 2017

As an individual taxpayer, there are tax thresholds that also applies.

Below is a breakdown of tax thresholds that apply for individual taxpayers.

Tax year ending 28 Feb 2015:
Persons (below 65 years of age) – R 70,700
Persons (older than 65 years of age and younger than 75 years of age) – R 110,200
Persons (above 75 years of age) – R 123,350

Tax year ending 29 Feb 2016
Persons (below 65 years of age) – R 73,650
Persons (older than 65 years of age and younger than 75 years of age) – R 114,800
Persons (above 75 years of age) – R 128,500

Tax year ending 28 Feb 2017
Persons (below 65 years of age) – R 75,000
Persons (older than 65 years of age and younger than 75 years of age) – R 116,150
Persons (above 75 years of age) – R 129,850

Tax year ending 28 Feb 2018
Persons (below 65 years of age) – R 75,750
Persons (older than 65 years of age and younger than 75 years of age) – R 117,300
Persons (above 75 years of age) – R 131,150