For natural persons and special trusts (Year of assessment ending 2011/02/28)
Taxable income
| Exceed |
But does not exceed |
|
Rate of Tax |
|
|
| R 0 |
R 140 000 |
|
18% |
of each R1 |
- |
| R 140 001 |
R 221 000 |
R 25 200 |
+ 25% |
of the amount over |
R 140 000 |
| R 221 001 |
R 305 000 |
R 45 450 |
+ 30% |
of the amount over |
R 221 000 |
| R 305 001 |
R 431 000 |
R 70 650 |
+ 35% |
of the amount over |
R 305 000 |
| R 431 001 |
R 552 000 |
R 114 750 |
+ 38% |
of the amount over |
R 431 000 |
| R 552 001 |
and above |
R 160 730 |
+ 40% |
of the amount over |
R 552 000 |
Tax rebates
| Primary |
R 10 260 |
Persons 65 and older
Secondary rebate |
R 5 675 |
Tax Thresholds
| Below age 65 |
R 57 000 pa. |
| Age 65 and older |
R 88 528 pa. |
TRUSTS
The tax rate on trusts (no special trusts) remains unchanged at 40%