Individual Tax Rates 2025 South Africa

Individual Tax Rates 2025 South Africa. South Africa Tax Tables 2025 Tax Rates and Thresholds in South Africa On this page you will see Individuals' tax table, as well as the Tax Rebates and Tax Thresholds - scroll down The same rates of tax are applicable to both residents and non-residents

Tax Rates 2024 South Africa Alla Dorothee
Tax Rates 2024 South Africa Alla Dorothee from yettyjacinda.pages.dev

Finance Minister Enoch Godongwana has tabled the revised 2025 budget, which has some bad news for income taxpayers in South Africa Refund of overpayment of provisional tax 7.25% p.a

Tax Rates 2024 South Africa Alla Dorothee

2025 tax year (1 March 2024 to 28 February 2025) Taxable income (R) Rates of tax (R) 1 - 237 100: 18% of taxable income: 237 101 - 370 500: 42 678 + 26% of taxable income above 237 100: Rates of interest (from 1 March 2025) Rate Late or underpayment of tax 11.25% p.a Taxable income Rate of Tax R R 0 - 95 751 - 365 001 - 95 750 365 000 550 000 0% 7% 18 848 + 21% 550 001 and above 57 698 + 27% Residence Basis of Taxation Residents of South Africa are taxed on their worldwide income

Tax Scale For 2025 Finnian Monroes. The rates for the tax year commencing on 1 March 2024 and ending on 28 February 2025 are as follows: Personal income tax rates 2025 / 2026 Tax Year: Taxable Income (R) Rates of Tax; 0 - 237,100: 18% of taxable income: 237,101 - 370,500 42,678 + 26% of taxable income above 237,100

Tax Brackets 2025 South Africa Image to u. Dividends received by individuals from South African companies are generally exempt from income tax, but dividends tax, at a rate of 20%, is withheld by the entities 2025 tax year (1 March 2024 to 28 February 2025) Taxable income (R) Rates of tax (R) 1 - 237 100: 18% of taxable income: 237 101 - 370 500: 42 678 + 26% of taxable income above 237 100: