Page 7 - Profmark Tax Guide 2025 Digital
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NATURAL PERSON TAX RATES: 29 FEBRUARY 2024
TAXABLE INCOME RATES OF TAX
R0 – R237 100 + 18% of each R1
R237 101 – R370 500 R42 678 + 26% of the amount above R237 100
R370 501 – R512 800 R77 362 + 31% of the amount above R370 500
R512 801 – R673 000 R121 475 + 36% of the amount above R512 800
R673 001 – R857 900 R179 147 + 39% of the amount above R673 000
R857 901 – R1 817 000 R251 258 + 41% of the amount above R857 900
R1 817 001 and above R644 489 + 45% of the amount above R1 817 000
Rebates: Natural persons 2024 2025 2026
Primary R17 235 R17 235 R17 235
Secondary (Persons 65 and older) R9 444 R9 444 R9 444
Tertiary (Persons 75 and older) R3 145 R3 145 R3 145
Thresholds: Natural persons 2024 2025 2026
Below age 65 R95 750 R95 750 R95 750
Age 65 to below 75 R148 217 R148 217 R148 217
Age 75 and over R165 689 R165 689 R165 689
Interest Exemption: 2024 2025 2026
Natural persons
Below age 65 R23 800 R23 800 R23 800
Age 65 and above R34 500 R34 500 R34 500
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