Taxable Income (R)

Rates of Tax

0 – 174,550

18% of taxable income

174,551 – 272,700

R31,419 + 25% of taxable income above R174,550

272,701 – 377,450

R55,957 + 30% of taxable income above R272,700

377,451 – 528,000

R87,382 + 35% of taxable income above R377,450

528,001 – 673,100

R140,074 + 38% of taxable income above R528,000

673,101 and above

R195,212 + 40% of taxable income above R673,100

Rabates

Value

Threshold

Below age 65

R12,726

R70,700

Age 65 and below 75

R7,110

R110,200

Age 75 and over

R2,367

R123,350

Monthly Weekly and Fortnightly Medical Aid Tax Credits

Value

Principal member

 Monthly R257 / weekly R59.31 / Fortnighlty R 118.15

First dependent/ Spouse

Monthly R257 / weekly R59.31 / Fortnighlty R 118.15

Each additional dependent

Monthly R257 / weekly R39.69 / Fortnighlty R 79.38