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
|
Tax threshold
Income below which no tax is paid:
Band
|
Threshold
|
Under 65 years of age
|
R75 000
|
From 65 to 74 years of age
|
R116 150
|
Over 74 years of age
|
R129 850
|
Tax Rebates
Primary Rebate for Individuals - R13 500
|
Secondary Rebate - Persons over 65 years of age - R7 407
|
Tertiary Rebate - Persons over 75 years of age - R2 466
|