SARS Tax Tables
Quick And Easy Reference To SARS Tax Tables
Quick And Easy Reference To SARS Tax Tables
| 2024 tax year (1 March 2023 - 29 February 2024) - See the changes from the previous year | |
|---|---|
| Taxable income (R) | Rates of tax (R) |
| 1 – 237 100 | 18% of taxable income |
| 237 101 – 370 500 | 42 678 + 26% of taxable income above 237 100 |
| 370 501 – 512 800 | 77 362 + 31% of taxable income above 370 500 |
| 512 801 – 673 000 | 121 475 + 36% of taxable income above 673 000 |
| 673 001 – 857 900 | 179 147 + 39% of taxable income above 857 900 |
| 857 901 – 1 817 000 | 251 258 + 41% of taxable income above 1 817 000 |
| 1 817 001 and above | 644 489 + 45% of taxable income above 1 817 000 |
| 2023 tax year (1 March 2022 - 28 February 2023) - See the changes from the previous year | |
|---|---|
| Taxable income (R) | Rates of tax (R) |
| 1 – 226 000 | 18% of taxable income |
| 226 001 – 353 100 | 40 680 + 26% of taxable income above 226 000 |
| 353 101 – 488 700 | 73 726 + 31% of taxable income above 353 100 |
| 488 701 – 641 400 | 115 762 + 36% of taxable income above 448 700 |
| 641 401 – 817 600 | 170 734 + 39% of taxable income above 641 400 |
| 817 601 – 1 731 600 | 239 452 + 41% of taxable income above 817 600 |
| 1 731 601 and above | 614 192 + 45% of taxable income above 1 731 600 |
| 2022 tax year (1 March 2021 - 28 February 2022) - See the changes from the previous year | |
|---|---|
| Taxable income (R) | Rates of tax (R) |
| 1 – 216 200 | 18% of taxable income |
| 216 201 – 337 800 | 38 916 + 26% of taxable income above 216 200 |
| 337 801 – 467 500 | 70 532 + 31% of taxable income above 337 800 |
| 467 501 – 613 600 | 110 739 + 36% of taxable income above 467 500 |
| 613 601 – 782 200 | 163 335 + 39% of taxable income above 613 600 |
| 782 201 – 1 656 600 | 229 089 + 41% of taxable income above 782 201 |
| 1 656 601 and above | 587 593 + 45% of taxable income above 1 577 300 |
| 2021 tax year (1 March 2020 - 28 February 2021) - See the changes from the previous year | |
|---|---|
| Taxable income (R) | Rates of tax (R) |
| 1 – 205 900 | 18% of taxable income |
| 205 901 – 321 600 | 37 062 + 26% of taxable income above 205 900 |
| 321 601 – 445 100 | 67 144 + 31% of taxable income above 321 600 |
| 445 101 – 584 200 | 105 429 + 36% of taxable income above 445 100 |
| 584 201 – 744 800 | 155 505 + 39% of taxable income above 584 200 |
| 744 801 – 1 577 300 | 218 139 + 41% of taxable income above 744 800 |
| 1 577 301 and above | 559 464 + 45% of taxable income above 1 577 300 |
| 2020 tax year (1 March 2019 - 29 February 2020) - No changes from the previous year | |
|---|---|
| Taxable income (R) | Rates of tax (R) |
| 1 – 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 |
| 2019 tax year (1 March 2018 - 28 February 2019) | |
|---|---|
| Taxable income (R) | Rates of tax (R) |
| 1 – 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 year | |||
|---|---|---|---|
| Tax Rebate | Tax Year | ||
| 2021 | 2020 | 2019 | |
| Primary | R14 958 | R14 220 | R14 067 |
| Secondary (65 and older) | R8 199 | R7 794 | R7 713 |
| Tertiary (75 and older) | R2 736 | R2 601 | R2 574 |
| Tax Thresholds - see changes from previous year | |||
|---|---|---|---|
| Age | Tax Year | ||
| 2021 | 2020 | 2019 | |
| Under 65 | R83 100 | R79 000 | R78 150 |
| 65 an older | R128 650 | R122 300 | R121 000 |
| 75 and older | R143 850 | R136 750 | R135 300 |
| Financial years ending on any date between 1 April 2019 and 31 March 2020 | |
|---|---|
| Taxable Income (R) | Rate of Tax (R) |
| 0 – 79 000 | 0% of taxable income |
| 79 001 – 365 000 | 7% of taxable income above 79 000 |
| 365 001 – 550 000 | 20 020 + 21% of taxable income above 365 000 |
| 550 001 and above | 58 870 + 28% of the amount above 550 000 |
| Financial years ending on any date between 1 April 2018 and 31 March 2019 | |
|---|---|
| Taxable Income (R) | Rate of Tax (R) |
| 0 – 78 150 | 0% of taxable income |
| 78 151 – 365 000 | 7% of taxable income above 78 150 |
| 365 001 – 550 000 | 20 080 + 21% of taxable income above 365 000 |
| 550 001 and above | 58 930 + 28% of the amount above 550 000 |
| COMPANY TAX TABLE | |
|---|---|
| Financial years ending on any date between | Rate of Tax |
| 1 April 2019 - 31 March 2020 | 28% |
| 1 April 2018 - 31 March 2019 | 28% |