Difference between revisions of "Tax Rate for Individuals 2018"
(Created page with "Taxable income Rate of tax R0 – R189 880 18% of taxable income R189 881 – R296 540 R34 178 + 26% of taxable income above R189 880 R296 541 – R410 460 R61 910 + 31% o...") |
(Tax Rate for Individuals 2018) |
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| Line 1: | Line 1: | ||
| − | + | ||
| − | R0 – R189 880 | + | + 39% of taxable income above |
| − | R189 881 – R296 540 | + | + |
| − | R296 541 – R410 460 | + | |
| − | R410 461 – R555 600 | + | |
| − | R555 601 – R708 310 | + | {| |
| − | R708 311 – R1 500 000 | + | ! style="text-align:left;"| Band |
| − | R1 500 001 and above | + | ! 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 | ||
| + | |- | ||
| + | |} | ||
Revision as of 16:05, 4 July 2018
+ 39% of taxable income above +
| 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 |
