2025 Individual Tax Brackets South Africa

2025 Individual Tax Brackets South Africa. Understanding the 2025 Tax Bracket and Standard Deductions Lendstart Finance Minister Enoch Godongwana has tabled the revised 2025 budget, which has some bad news for income taxpayers in South Africa 2025 tax year (1 March 2024 to 28 February 2025) 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:

Find income tax, VAT, transfer duty & other tax rates for the past 10 years These programs include state pensions, disability benefits, and social relief in.

Tax Brackets South Africa at Jeffrey Coyle blog

For individuals, tax rates range from 18% for incomes above R95, 750 to 45% for earnings over R1.8 million, with higher thresholds for those aged 65 and above How do I know if I am a tax resident of South Africa? Deductions can help you save, such as contributing to retirement funds (up to 27.5% of income or R350, 000 annually) or claiming medical tax credits-R364 for the first two dependents and.

Understanding the 2025 Tax Bracket and Standard Deductions Lendstart. 2025 / 2026 Tax Year: Taxable Income (R) Rates of Tax; 0 - 237,100: 18% of taxable income: 237,101 - 370,500 42,678 + 26% of taxable income above 237,100 INCOME TAX: INDIVIDUALS AND TRUSTS Tax rates from 1 March 2025 to 28 February 2026: Individuals and special trusts Taxable Income (R) Rate of Tax

Single Tax Brackets 2025 Calculator Wesley Assusan. Rates of Tax for Individuals; Companies, Trusts and Small Business Corporations (SBC) 2026 tax year (1 March 2025 - 28 February 2026) 12 March 2025 - No changes