Rates of tax for individuals

Rates of Tax for Individuals

2023 Tax Year – see changes from previous years

Taxable incomeRates of tax
0 – 237 10018 % of taxable income
237 101 – 370 50042 678 + 26% of the amount above 237 100
370 501 – 512 80077 362 + 31% of the amount above 370 500
512 801 – 673 000121 475 + 36% of the amount above 512 800
673 001 – 857 900179 147 + 39% of the amount above 673 000
857 901 – 1 817 000251 258 + 41% of the amount above 857 900
1 817 001 and above644 489 + 45% of the amount above 1 817 000

Tax Rebates – see changes from previous years

Tax RebateTax Year
202320222021202020192018
​PrimaryR17 235R16 425R14 958R14 220R14 067R13 635
​Secondary (65 and older)R9 444R9 000R8 199R7 794R7 713R7 479
​Tertiary (75 and older)R3 145R2 997​R2 736​R2 601R2 574R2 493

Tax Thresholds – see changes from previous years

AgeTax Year
202320222021202020192018
Under 65R95 750R91 250​R83 100​R79 000​R78 150R75 750
65 an olderR148 217R141 250R​128 650R​122 300R121 000​R117 300
75 and olderR165 689R157 900R143 850R136 750R135 300R131 150

Medical Aid Tax Credits – no changes from last year

Per MonthYear
202320212020201920182017
For the taxpayer who paid the medical scheme contributionsR​364R​319R​310R​310​R303R286
​For the first dependantR364R319R310R310R303R286
For each additional dependant(s)R246R215R209R209R204R192

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:

  • meals and incidental costs, R522;
  • incidental costs only, R161.

The rates for foreign travel (travel outside South Africa) will be gazetted soon and can be found on www.sars.gov.za

Prescribed Rate Per Kilometre:
The SARS prescribed rate per kilometre increased to R4.64

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Personal Information
Where a party receives any personal information (“PI”) related to the other party, the party who receives the PI, will comply with and have adequate measures in place to ensure that its employees, agents, subsidiaries and representatives comply with the provisions and obligations contained in the Protection of Personal Information Act, No. 4 of 2013. Any PI pertaining to one party which is required by the other party, will only be used by that other party for the purposes of this contract and will not be further processed or disclosed without the written consent of the latter and the recipient of that PI will take all reasonable precautions to preserve the integrity and prevent any corruption or loss, damage or destruction of the PI. If and when the contract is terminated, each party will, save to the extent that it is required to do otherwise by any applicable law, erase or cause to be erased, all PI and all copies of any part of the PI relating to the other party”.

Please fill out the form below to receive the trail demo link

Personal Information
Where a party receives any personal information (“PI”) related to the other party, the party who receives the PI, will comply with and have adequate measures in place to ensure that its employees, agents, subsidiaries and representatives comply with the provisions and obligations contained in the Protection of Personal Information Act, No. 4 of 2013. Any PI pertaining to one party which is required by the other party, will only be used by that other party for the purposes of this contract and will not be further processed or disclosed without the written consent of the latter and the recipient of that PI will take all reasonable precautions to preserve the integrity and prevent any corruption or loss, damage or destruction of the PI. If and when the contract is terminated, each party will, save to the extent that it is required to do otherwise by any applicable law, erase or cause to be erased, all PI and all copies of any part of the PI relating to the other party”.