Income Tax : 2012 Tax Table |
| 2012 : OVER 65 | 2012 : UNDER 65 | ||||||||
INCOME
AFTER
DEDUCTIONS
|
MARGINAL % |
TAX DUE AFTER REBATE |
AVERAGE RATE % |
INCOME AFTER DEDUCTIONS |
MARGINAL % |
TAX DUE AFTER REBATE |
AVERAGE RATE % |
||
R 15 953 |
R 10 260 |
||||||||
R 40 000 |
18% |
-- |
-- |
R 40 000 |
18% |
-- |
-- |
||
R 45 000 |
18% |
-- |
-- |
R 45 000 |
18% |
-- |
-- |
||
R 50 000 |
18% |
-- |
-- |
R 50 000 |
18% |
-- |
-- |
||
R 55 000 |
18% |
-- |
-- |
R 59 750 |
18% |
-- |
-- |
||
R 60 000 |
18% |
-- |
-- |
R 60 000 |
18% |
R 45 |
0.08 |
||
R 65 000 |
18% |
-- |
-- |
R 65 000 |
18% |
R 945 |
1.45 |
||
R 74 000 |
18% |
-- |
-- |
R 74 000 |
18% |
R 2 745 |
3.66 |
||
R 88 528 |
18% |
-- |
-- |
R 88 528 |
18% |
R 3 945 |
4.93 |
||
R 93 150 |
18% |
-- |
-- |
R 90 000 |
18% |
R 5 445 |
6.05 |
||
R 100 000 |
18% |
R 1 233 |
1.23 |
R 100 000 |
18% |
R 7 745 |
7.25 |
||
R 115 000 |
18% |
R 3 933 |
3.42 |
R 115 000 |
18% |
R 9 945 |
8.65 |
||
R 130 000 |
18% |
R 6 633 |
5.10 |
R 130 000 |
18% |
R 12 645 |
9.73 |
||
R 140 000 |
18% |
R 8 433 |
6.02 |
R 140 000 |
18% |
R 14 445 |
10.32 |
||
R 150 000 |
25% |
R 10 233 |
6.82 |
R 150 000 |
25% |
R 16 245 |
10.83 |
||
R 160 000 |
25% |
R 12 733 |
7.96 |
R 160 000 |
25% |
R 18 745 |
11.72 |
||
R 180 000 |
25% |
R 17 733 |
9.85 |
R 180 000 |
25% |
R 23 745 |
13.19 |
||
R 190 000 |
25% |
R 20 233 |
10.65 |
R 190 000 |
25% |
R 26 245 |
13.81 |
||
R 200 000 |
25% |
R 22 733 |
11.37 |
R 200 000 |
25% |
R 28 745 |
14.37 |
||
R 210 000 |
25% |
R 25 233 |
12.02 |
R 210 000 |
25% |
R 31 245 |
14.88 |
||
R 235 000 |
30% |
R 31 483 |
13.40 |
R 235 000 |
25% |
R 37 495 |
15.96 |
||
R 250 000 |
30% |
R 35 983 |
14.39 |
R 250 000 |
30% |
R 41 995 |
16.80 |
||
R 270 000 |
30% |
R 41 983 |
15.55 |
R 270 000 |
30% |
R 47 995 |
17.78 |
||
R 300 000 |
30% |
R 50 983 |
16.99 |
R 300 000 |
30% |
R 56 975 |
18.99 |
||
R 325 000 |
30% |
R 58 483 |
17.99 |
R 325 000 |
30% |
R 64 495 |
19.84 |
||
R 375 000 |
35% |
R 75 983 |
20.26 |
R 375 000 |
35% |
R 81 995 |
21.87 |
||
R 400 000 |
35% |
R 84 733 |
21.18 |
R 400 000 |
35% |
R 90 745 |
22.69 |
||
R 455 000 |
35% |
R 97 483 |
21.42 |
R 455 000 |
35% |
R 106 495 |
23.41 |
||
R 475 000 |
38% |
R 111 583 |
23.49 |
R 475 000 |
38% |
R 117 595 |
24.76 |
||
R 525 000 |
38% |
R 130 583 |
24.87 |
R 525 000 |
38% |
R 136 595 |
26.02 |
||
R 580 000 |
38% |
R 151 483 |
26.12 |
R 580 000 |
38% |
R 157 495 |
27.15 |
||
R 750 000 |
40% |
R 219 483 |
29.26 |
R 750 000 |
40% |
R 225 495 |
30.07 |
||
R 1 000 000 |
40% |
R 319 483 |
31.95 |
R 1 000 000 |
40% |
R 325 495 |
32.55 |
||
R 2 000 000 |
40% |
R 719 483 |
35.97 |
R 2 000 000 |
40% |
R 725 495 |
36.27 |
||
R 3 000 000 |
40% |
R 1 119 483 |
37.32 |
R 3 000 000 |
40% |
R 1 125 495 |
37.52 |
||
| THRESHOLD | R 93 150 | THRESHOLD | R 59 750 | ||||||
| EXEMPT INT. | R 33 000 | EXEMPT INT. | R 22 800 | ||||||
| FOREIGN INTEREST & DIVIDENDS | R 3 700 | FOREIGN INTEREST & DIVIDENDS | R 3 700 | ||||||
| Over age 75 a further rebate of R 2 000. Over age 75 the tax threshold is thus R 104 261 | |||||||||
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