Rates of tax for individuals

Feb 22, 2019

2020 Tax Year – no changes from previous year

Taxable income	Rates of tax
0 - 195 850	18 % of taxable income
195 851 - 305 850	35 253 + 26% of taxable income above 195 850
305 851 - 423 300	63 853 + 31% of taxable income above 305 850
423 301 - 555 600	100 263 + 36% of taxable income above 423 300
555 601 - 708 310	147 891 + 39% of taxable income above 555 600
708 311 - 1 500 000	207 448 + 41% of taxable income above 708 310
1 500 001 and above	532 041 + 45% of taxable income above 1 500 000

Tax Rebates – see changes from previous years

Tax Rebate	Tax Year
	2020	2019	2018	2017	2016	2015
Primary	R14 220	R14 067	R13 635	R13 500	R13 257	R12 726
Secondary (65 and older)	R7 794	R7 713	R7 479	R7 407	R7 407	R7 110
Tertiary (75 and older)	R2 601	R2 574	R2 493	R2 466	R2 466	R2 367

Tax Thresholds – see changes from previous years

Age	Tax Year
	2020	2019	2018	2017	2016	2015
Under 65	R79 000	R78 150	R75 750	R75 000	R73 650	R70 700
65 an older	R122 300	R121 000	R117 300	R116 150	R114 800	R110 200
75 and older	R136 750	R135 300	R131 150	R129 850	R128 500	R123 350

Medical Aid Tax Credits – no changes from last year

Per Month	Year
	2020	2019	2018	2017	2016	2015
For the taxpayer who paid the medical scheme contributions	R310	R310	R303	R286	R 270	R257
For the first dependant	R310	R310	R303	R286	R 270	R257
For each additional dependant(s)	R209	R209	R204	R192	R181	R172

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 Year	Meals and incidental costs per day (R)	Incidental cost only per day (R)
2020	435	134
2019	416	128
2018	397	122
2017	372	115
2016	353	109
2015	335	103
2014	319	98

Prescribed Rate Per Kilometre:

Remains unchanged at R3.61