2020/21 RATES OF TAX FOR INDIVIDUALS
If your earnings for a given tax year are above the tax threshold, you are obliged by law to register for income tax.
You must register for income tax, if you are an individual:
For the 2018 year of assessment (1 March 2017 – 28 February 2018)
- R70 700 if you are younger than 65 years.
- If you are 65 years of age or older, the tax threshold (i.e. the amount above which income tax becomes payable) increases to R110 200.
- For taxpayers aged 75 years and older, this threshold is R123 350.
For the 2014 year of assessment (1 March 2013 – 28 February 2014)
- R67 111 if you are younger than 65 years.
- If you are 65 years of age or older, the tax threshold (i.e. the amount above which income tax becomes payable) increases to R104 611.
- For taxpayers aged 75 years and older, this threshold is R117 111.
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Tax Rebates – see changes from previous year
| Tax Rebate | Tax Year | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
| Primary | R15 714 | R14 958 | RR14 220 | R14 067 | R13 635 | R13 500 |
| Secondary (65 and older) | R8 613 | R8 199 | R7 794 | R7 713 | R7 479 | R7 407 |
| Tertiary (75 and older) | R2 871 | R2 736 | R2 601 | R2 574 | R2 493 | R2 466 |
Tax Thresholds – see changes from previous year
| Age | Tax Year | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
| Under 65 | R87 300 | R83 100 | R79 000 | R78 150 | R75 750 | R75 000 |
| 65 an older | R135 150 | R128 650 | R122 300 | R121 000 | R117 300 | R116 150 |
| 75 and older | R151 100 | R143 850 | R136 750 | R135 300 | R131 150 | R129 850 |
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