Income Tax Rates

For natural persons and special trusts (Year of assessment ending 2016/02/28)

Taxable income

Exceed But does not exceed Rate of Tax
R 0 R 181 900 18%
R 181 901 R 284 100 R 32 742 + 26% of the amount over R 181 900
R 284 101 R 393 200 R 59 314 +31% of the amount over R 284 100
R 393 201 R 550 100 R 93 135 + 36% of the amount over R 393 200
R 550 101 R 701 300 R 149 619 + 39% of the amount over R 550 100
R 701 301 and above R 208 587 + 41% of the amount over R 701 300

Tax rebates

Persons under 65 years: R 13 257

Persons 65 years and older: R 20 664

Persons 75 year and older; R 23 130

Tax Thresholds

Persons under 65 year: R 73 650

Persons 65 year and older: R 114 800

Persons 75 years and older: R 128 500

Trusts

The tax rate on trusts (no special trusts) remains unchanged at 40% Special trust will be taxed as individuals

Medical Aid Rebates

Persons under 65: R 270

Persons under 65 with 1 dependant: R 540

Persons under 65 with 2 dependants: R 721

Each additional dependant has an additional rebate or credit of R181pm per dependant.