Difference between revisions of "Tax Rate for Individuals"

From Taxopedia
Jump to: navigation, search
(Created page with " {| ! style="text-align:left;"| Band ! Base ! Percentage |- |Orange |10 |7.00 |- |Bread |4 |3.00 |- |Butter |1 |5.00 |- !Total | |15.00 |}")
 
 
(2 intermediate revisions by the same user not shown)
Line 1: Line 1:
  
−
 
+
'''1 March 2016 to 28 February 2017'''
 
{|
 
{|
 
! style="text-align:left;"| Band
 
! style="text-align:left;"| Band
Line 6: Line 6:
 
! Percentage
 
! Percentage
 
|-
 
|-
−
|Orange
+
|R0 to R188 000 -->
−
|10
+
|0 plus
−
|7.00
+
|18% of taxable income
 
|-
 
|-
−
|Bread
+
|R188 000 to R293 600 -->
−
|4
+
|R33 840 plus
−
|3.00
+
|26% of taxable income above R188 000
 
|-
 
|-
−
|Butter
+
|R293 601 to R406 400 -->
−
|1
+
|R61 296 plus
−
|5.00
+
|31% of taxable income above R293 600
 +
|-
 +
|R406 401 to R550 100 -->
 +
|R96 264 plus
 +
|36% of taxable income above R406 400
 +
|-
 +
|R550 101 to R701 300 -->
 +
|R147 996 plus
 +
|39% of taxable income above R550 100
 +
|-
 +
|R701 301 and above -->
 +
|R206 964 plus
 +
|41% of taxable income above R701 300
 
|-
 
|-
−
!Total
 
−
|
 
−
|15.00
 
 
|}
 
|}

Latest revision as of 10:13, 4 July 2018

1 March 2016 to 28 February 2017

Band Base Percentage
R0 to R188 000 --> 0 plus 18% of taxable income
R188 000 to R293 600 --> R33 840 plus 26% of taxable income above R188 000
R293 601 to R406 400 --> R61 296 plus 31% of taxable income above R293 600
R406 401 to R550 100 --> R96 264 plus 36% of taxable income above R406 400
R550 101 to R701 300 --> R147 996 plus 39% of taxable income above R550 100
R701 301 and above --> R206 964 plus 41% of taxable income above R701 300
Retrieved from ‘http://taxopedia.co.za/mediawiki/index.php?title=Tax_Rate_for_Individuals&oldid=8’