Tax Rates

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Tax Rates for Individuals in South Africa

Tax Rate in South Africa
Tax Rate in South Africa, Image Credit: thebluediamondgallery.com

Here are the tax rates for individuals also you can compare with the previous years. This information is provided by SARS and is available on their website.

2020 tax year

Applicable between 1 March 2019 and 29 February 2020

There was no change in tax rates of the previous year (2018)

​Taxable income (Rand) ​Rates of tax (Rand)
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

 

2018 tax year

 

​Taxable income (Rand) ​Rates of tax (Rand)
1 – 189 880 18% of taxable income
189 881 – 296 540 34 178 + 26% of taxable income above 189 880
296 541 – 410 460 61 910 + 31% of taxable income above 296 540
410 461 – 555 600 97 225 + 36% of taxable income above 410 460
555 601 – 708 310 149 475 + 39% of taxable income above 555 600
708 311 – 1 500 000 209 032 + 41% of taxable income above 708 310
​1 500 001 and above ​533 625 + 45% of taxable income above 1 500 000

 

2017 tax year

​Taxable income (Rand) ​Rates of tax (Rand)
1 – 188 000 18% of taxable income
188 001 – 293 600 33 840 + 26% of taxable income above 188 000
293 601 – 406 400 61 296 + 31% of taxable income above 293 600
406 401 – 550 100 96 264 + 36% of taxable income above 406 400
550 101 – 701 300 147 996 + 39% of taxable income above 550 100
701 301 and above 206 964 + 41% of taxable income above 701 300

 

2016 tax year

​Taxable income (Rand) ​Rates of tax (Rand)
​1 – 181 900 ​18% of each R1
​181 901 – 284 100 ​32 742 + 26% of the amount above 181 900
​284 101 – 393 200 ​59 314 + 31% of the amount above 284 100
​393 201 – 550 100 ​93 135 + 36% of the amount above 393 200
​550 101 – 701 300 ​149 619 + 39% of the amount above 550 100
​701 301 and above ​208 587 + 41% of the amount above 701 300

 

2015 tax year

​Taxable income (Rand) ​Rates of tax (Rand)
1 – 174 550​ ​18% of each R1
​174 551 – 272 700 ​31 419 + 25% of the amount above 174 550
​272 701 – 377 450 ​55 957 +30% of the amount above 272 700
​377 451 – 528 000 ​87 382 + 35% of the amount above 377 450
​528 001 – 673 100 ​140 074 +38% of the amount above 528 000
​673 101 and above ​195 212 + 40% of the amount above 673 100

 

2014 tax year

Taxable income (Rand)​ ​Rates of tax (Rand)
1 – 165 600 ​18% of each R1
​165 601 – 258 750 ​29 808 + 25% of the amount above 165 600
​258 751 – 358 110 ​53 096 + 30% of the amount above 258 750
​358 111 – 500 940 ​82 904 + 35% of the amount above 358 110
​500 941 – 638 600 ​132 894 +38% of the amount above 500 940
​638 601 and above ​185 205 + 40% of the amount above 638 600

 

Tax Rebates

Tax Rebate​​
2020 2019
​Primary ​R14 220 R14 067
​Secondary (65 and older) R7 794 ​R7 713
​Tertiary (75 and older) ​R2 601 ​R2 574

Tax Thresholds

​            Age                     ​ ​ ​ Tax Year​ ​ ​ ​ ​
2020 2019
Under 65 ​R79 000 ​R78 150
​65 an older R​122 300 ​R121 000
​75 and older ​R136 750 ​R135 300

For more information visit www.sars.co.za



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