Difference between revisions of "Tax Rate for Individuals 2018"
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Revision as of 07:49, 5 July 2018
| Band | Base | Percentage |
|---|---|---|
| R0 – R189 880 --> | 0 plus | 18% of taxable income |
| R189 881 – R296 540 --> | R34 178 plus | 26% of taxable income above R189 880 |
| R296 541 – R410 460 --> | R61 910 plus | 31% of taxable income above R296 541 |
| R410 461 – R555 600 --> | R97 225 plus | 36% of taxable income above R410 460 |
| R555 601 – R708 310 --> | R149 475 plus | 39% of taxable income above R555 600 |
| R708 311 – R1 500 000 --> | R209 032 plus | 41% of taxable income above R708 310 |
| R1 500 001 and above--> | R533 625 plus | 45% of taxable income above R1 500 000 |