(1st March 2018 to 28 February 2019)
Taxable Income (R) | Tax Rate | Amount (R) |
0 to 195,850 | 18% | Taxable Income x 18% |
195,851 to 305,850 | 26% | 35,253 + 26% of above R195,850 |
305,851 to 423,300 | 31% | 63,853 + 31% of above R305,850 |
423,301 to 555,600 | 36% | 100,263 + 36% of above R423,300 |
555,601 to 708,310 | 39% | 147,891 + 39% of above R555,600 |
708,311 to 1,500,000 | 41% | 207,448 + 41% of above R708,310 |
Above R1,500,000 | 45% | 532,041 + 45% of above R1,500,000 |
Trusts other Than Special Trusts: Tax Rate 45%
Rebates for 2018-19
Description | Tax Rate |
Primary | R 14,067 |
Secondary (Person 65 and older) | R 7,713 |
Tertiary (Person 75 and older) | R 2,574 |
Tax Threshold for 2018-19
Description | Tax Rate |
Below age 65 | R 78,150 |
Age 65 to below 75 | R 121,000 |
Age 75 and over | R 135,300 |
Type of Assessee | Tax Rate 2018 (Proposed) | Tax Rate 2017 |
Individuals and Special Trusts | 18% | 16.4% |
Companies | 22.4% | 22.4% |
Other Trusts | 36% | 32.8% |
Type of Tax | Tax Rate |
Companies | 28% Taxable Income |
Taxable Year | Tax Rate |
0 to 78,150 | 0% |
78,151 to 365,000 | 7% |
365,001 to 550,000 | 21% |
550,001 and above | 28% |
Taxable Year | Tax Rate |
0 to 335,000 | 0% |
335,001 to 500,000 | 1% |
500,001 to 750,000 | 2% |
750,001 and above | 3% |