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2006 Tax Year - Income Tax Rates
The amount of employees tax to be deducted from remuneration is calculated on the balance of the remuneration, after the deduction of -
- in the case of all persons, allowable pension and/or retirement annuity fund contributions; and
- in the case of persons of 65 years and older, their contributions to a registered medical scheme excluding medical insurance policies.
| Taxable Income in Rands |
Rates of Tax in Rands |
| 0 - 80 000 |
18% of each R1 |
| 80 001 - 130 000 |
14 400 + 25% of the amount over 80 000 |
| 130 001 - 180 000 |
26 900 + 30% of the amount over 130 000 |
| 180 001 - 230 000 |
41 900 + 35% of the amount over 180 000 |
| 230 001 - 300 000 |
59 400 + 38% of the amount over 230 000 |
| 300 001 and above |
86 000 + 40% of the amount over 300 000 |
Tax Rebates
| Primary |
R6 300 |
| Secondary - age 65 and over (additional to primary rebate) |
R4 500 |
Tax Thresholds
| Below age 65 |
R35 000 |
| Age 65 and over |
R60 000 |
The amount of employees tax to be deducted from the remuneration of an "employment company", must be
calculated at a rate of 35%.
Important
Where an employee receives net remuneration from standard employment and is not employed by the employer for the full year of assessment, the annual equivalent
of the employee's remuneration must be determined to establish whether such employee falls above or below the tax threshold. It could occur that an employee who, for example,
is employed for 3 months only, might be liable for tax even though the total remuneration for the period is below the tax threshold.
Other Tax Years >>
2006 |2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998
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