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TAX RATES FOR INDIVIDUALS: 2008/2009 TAX YEAR
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Taxable income (R)
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Rates of tax
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0 – 122 000
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18% of each R1
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122 001 – 195 000
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R21 960 +25% of the amount above R122 000
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195 001 – 270 000
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R40 210 +30% of the amount above R195 000
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270 001 – 380 000
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R62 710 +35% of the amount above R270 000
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380 001 – 490 000
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R101 210 +38% of the amount above R380 000
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490 001 and above
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R143 010 +40% of the amount above R490 000
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Rebates of Tax
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Primary
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R8 280
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Additional (Persons 65 and older)
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R5 040
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Tax threshold
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Below age 65
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R46 000
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Age 65 and over
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R74 000
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