TAX RATES: 28 FEBRUARY 2018 – INDIVIDUALS

NATURAL PERSONS [table caption=”” width=”600″ colwidth=”200|400″ colalign=”center|center”] TAXABLE INCOME,RATES OF TAX R0 – R189 880,18% of each R1 R189 881 – R296 540,R34 178 + 26% of the amount above R189 880 R296 541 – R410 460,R61 910 + 31% of the amount above R296 540 R410 461 – R555 600,R97 225 + 36% of…

By

: Posted on

NATURAL PERSONS

[table caption=”” width=”600″ colwidth=”200|400″ colalign=”center|center”]
TAXABLE INCOME,RATES OF TAX
R0 – R189 880,18% of each R1
R189 881 – R296 540,R34 178 + 26% of the amount above R189 880
R296 541 – R410 460,R61 910 + 31% of the amount above R296 540
R410 461 – R555 600,R97 225 + 36% of the amount above R410 460
R555 601 – R708 310,R149 475 + 39% of the amount above R555 600
R708 311 – R1 500 000,R209 032 + 41% of the amount above R708 310
R1 500 001 and above,R533 625 + 45% of the amount above R1 500 000
[/table]

 

[table caption=”” width=”600″ colwidth=”350|250″ colalign=”center|center”]
Rebates: Natural Persons,2018
Primary,R13 635
Secondary (Persons 65 and older),R7 479
Tertiary (Persons 75 and older),R2 493
[/table]

 

[table caption=”” width=”600″ colwidth=”350|250″ colalign=”center|center”]
Thresholds: Natural Persons,2018
Below age 65,R75 750
Age 65 to below 75,R117 300
Age 75 and over,R131 150
[/table]

 

[table caption=”” width=”600″ colwidth=”350|250″ colalign=”center|center”]
Interest Exemption: Natural Persons,2018
Below age 65,R23 800
Age 65 and above,R34 500
[/table]

 


Categories:

Disclosure:
Some pages may include affiliate links, but rest assured, we only recommend products and companies we truly trust and use ourselves. Your support means the world to us and helps keep this blog going – Thank you for being a valued part of this journey!
For more details, check out our privacy policy.