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Rates of tax for individuals

2020 Tax Year – no changes from previous year

Taxable incomeRates of tax
0 - 195 85018 % of taxable income
195 851 - 305 85035 253 + 26% of taxable income above 195 850
305 851 - 423 30063 853 + 31% of taxable income above 305 850
423 301 - 555 600100 263 + 36% of taxable income above 423 300
555 601 - 708 310147 891 + 39% of taxable income above 555 600
708 311 - 1 500 000207 448 + 41% of taxable income above 708 310
1 500 001 and above532 041 + 45% of taxable income above 1 500 000

 

 

Tax Rebates – see changes from previous years

Tax RebateTax Year
202020192018201720162015
​PrimaryR14 220R14 067R13 635​R13 500​R13 257​R12 726
​Secondary (65 and older)R7 794R7 713R7 479R7 407R7 407R7 110
​Tertiary (75 and older)​R2 601R2 574R2 493​R2 466R2 466​R2 367

 

 

Tax Thresholds – see changes from previous years

AgeTax Year
202020192018201720162015
Under 65​R79 000​R78 150R75 750​R75 000​R73 650R70 700
65 an olderR​122 300R121 000​R117 300R116 150R114 800​R110 200
75 and olderR136 750R135 300R131 150R129 850R128 500R123 350

 

 

Medical Aid Tax Credits – no changes from last year

Per MonthYear
202020192018201720162015
For the taxpayer who paid the medical scheme contributionsR​310R​310​R303R286​R 270R257
​For the first dependantR310R310R303R286R 270​R257
For each additional dependant(s)R209R209R204R192R181R172

 

Subsistence Allowance (local) – see changes from last year

Where the recipient is obliged to spend at least one night away from his or her usual place of residence on business and the accommodation to which that allowance or advance relates is in the Republic of South Africa and the allowance or advance is granted to pay for:

Tax YearMeals and incidental costs per day (R)Incidental cost only per day (R)
2020435134
2019416128
2018397122
2017372115
2016353109
2015335103
201431998

 

 

Prescribed Rate Per Kilometre:

Remains unchanged at R3.61

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