2014/15 Tax Tables

STATUTORY RATES OF TAX FOR 2014 – 2015

Individuals in Standard Employment and Special Trusts

Taxable income (R) Rates of Tax
0                      –          174 550 18% of each R1
174 551          –           272 700 31 419 + 25% of the amount over 174 550
272 701          –           377 450 55 957 + 30% of the amount over 272 700
377 451          –           528 000 87 382 + 35% of the amount over 377 450
528 001          –           673 100 140 074 + 38% of the amount over 528 000
673 101          + 195 212 + 40% of the amount over 673 100

 

Rebates
Primary Rebate R12 726
Secondary Rebate (Persons of 65 and older) R 7 110
Tertiary Rebate (Persons of 75 and older) R 2 367

 

Medical Tax Credits

First two beneficiaries R257

Each additional beneficiary R172

 

Tax thresholds
The tax thresholds, at which liability for normal tax commences:
Persons under 65 R 70 700
Persons aged between 65 and 75 years R 110 200
Persons older than 75 years R 123 350

 

Individuals in Non-Standard Employment (Temporary Workers)
• Without PAYE at a rate of 25% for an employee who is paid by the day, and who works less than 5 hours per day or is paid more than the daily equivalent of the tax threshold.
• Otherwise no employee’s tax is to be withheld (for an employee who is paid by the day, who works at least 5 hours per day, and is paid less than the daily equivalent of the tax threshold.

 

Personal Service Provider Companies
28% of each R1

 

Other Trust (other than a special trust)
40% of each R1

 

 

2015/16 Tax Tables

STATUTORY RATES OF TAX FOR 2015 – 2016

Individuals in Standard Employment and Special Trusts

Taxable income (R) Rates of Tax
0                      –          181 900 18% of each R1
181 900          –           284 100 33 742 + 26% of the amount over 181 900
284 101          –           393 200 59 314 + 31% of the amount over 284 100
393 201          –           550 100 93 135 + 36% of the amount over 393 200
550 101          –           701 300 149 619 + 39% of the amount over 550 100
701 301          + 208 587 + 41% of the amount over 701 300

 

Rebates
Primary Rebate R13 257
Secondary Rebate (Persons of 65 and older) R 7 407
Tertiary Rebate (Persons of 75 and older) R 2 466

 

Medical Tax Credits

First two beneficiaries R270

Each additional beneficiary R181

 

Tax thresholds
The tax thresholds, at which liability for normal tax commences:
Persons under 65 R 73 650
Persons aged between 65 and 75 years R 114 800
Persons older than 75 years R 128 500

 

Individuals in Non-Standard Employment (Temporary Workers)
• Without PAYE at a rate of 25% for an employee who is paid by the day, and who works less than 5 hours per day or is paid more than the daily equivalent of the tax threshold.
• Otherwise no employee’s tax is to be withheld (for an employee who is paid by the day, who works at least 5 hours per day, and is paid less than the daily equivalent of the tax threshold.

 

Personal Service Provider Companies
28% of each R1

 

Other Trust (other than a special trust)
41% of each R1

 

 

2016/17 Tax Tables

STATUTORY RATES OF TAX FOR 2016 – 2017

Individuals in Standard Employment and Special Trusts

Taxable income (R) Rates of Tax
0                      –          188 000 18% of each R1
188 001          –           293 600 33 840 + 26% of the amount over 188 000
293 601          –           406 400 61 296 + 31% of the amount over 293 600
406 401          –           550 100 96 264 + 36% of the amount over 406 400
550 101          –           701 300 147 996 + 39% of the amount over 550 100
701 301          + 206 964 + 41% of the amount over 701 300

 

Rebates
Primary Rebate R13 500
Secondary Rebate (Persons of 65 and older) R 7 407
Tertiary Rebate (Persons of 75 and older) R 2 466

 

Medical Tax Credits

First two beneficiaries R286

Each additional beneficiary R192

 

Tax thresholds
The tax thresholds, at which liability for normal tax commences:
Persons under 65 R 75 000
Persons aged between 65 and 75 years R 116 150
Persons older than 75 years R 129 850

 

Individuals in Non-Standard Employment (Temporary Workers)
• Without PAYE at a rate of 25% for an employee who is paid by the day, and who works less than 5 hours per day or is paid more than the daily equivalent of the tax threshold.
• Otherwise no employee’s tax is to be withheld (for an employee who is paid by the day, who works at least 5 hours per day, and is paid less than the daily equivalent of the tax threshold.

 

Personal Service Provider Companies
28% of each R1

 

Personal Service Provider Trust (other than a special trust)
41% of each R1