Income tax
The following table gives the income rate for individuals and trusts, tax table for the 2008/2009 tax year.
| Taxable Income |
Rates of tax |
| 0 – 122 000 |
18% of each R1 |
| 122 001 –195 000 |
R21 960 +25% of the amount above R122 000 |
| 195 001 –270 000 |
R40 210 +30% of the amount above R195 000 |
| 270 001 –380 000 |
R62 710 +35% of the amount above R270 000 |
| 380 001 –490 000 |
R101 210 +38% of the amount above R380 000 |
| 490 001 and above |
R143 010 +40% of the amount above R490 000 |
Tax rebates
Primary - R8 280
Additional (Persons 65 and older) - R5 040
Tax threshold Below age 65 - R46 000
Age 65 and over - R74 000
The following table gives the income rate for companies, tax table for the 2008/2009 tax year.
| Type |
Rate of tax |
| Companies |
28% |
| Small Business corporations |
|
| R0 - R46,000 |
0% |
| R46,001 - R300,000 |
10% |
| R300,001 and above |
28% |
| Employment Companies |
33% |
| Foreign resident companies which earn income from a source in South Africa |
33% |
| STC |
10% |
You can download a pocket guide from the SARS web site HERE
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