How to Calculate Tax in South Africa

Contents show

In South Africa, average tax rate is 12.5% and your marginal tax rate is 26.0%. For example

, if you R 230 000 a year living in South Africa, you will be taxed R 27 600.

In South Africa, there will be no tax on a monthly earning of R5000.

The following is a breakdown of taxable income in South Africa;

For 1 – 195 850, tax rate is 18% of taxable income.

For 195 851 – 305 850 , tax rate is 35 253 + 26% of taxable income above 195 850

For 305 851 – 423 300, tax rate is 63 853 + 31% of taxable income above 305 850

For 423 301 – 555 600, tax rate is 100 263 + 36% of taxable income above 423 300.

Crypto News	Student Reads	Editor's Pick
Online Courses	Bursaries for January 2025	Uni Application Guides