TAX BLOG

PAYE tax brackets

Extratcted from the Budget Pocket Guide

 

Taxable Income(R)                              Rate of Tax (R)
0 – 165 600                                            18% of taxable income
165 601 – 258 750                                29 808 + 25% of taxable income above 165 600
258 751 – 358 110                                53 096 + 30% of taxable income above 258 750
358 111 – 500 940                                82 904 + 35% of taxable income above 358 110
500 941 – 638 600                                132 894 + 38% of taxable income above 500 940
638 601 and above                               185 205 + 40% of taxable income above 638 600

Tax Rebates
Primary                                                    R12 080
Secondary (Persons 65 and older)      R6 750
Tertiary (Persons 75 and older)           R2 250


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