Individual Tax Rates 2025 South Africa. South African Tax Tables 2024 Cam Maribel Rates of interest (from 1 March 2025) Rate Late or underpayment of tax 11.25% p.a Finance Minister Enoch Godongwana has tabled the revised 2025 budget, which has some bad news for income taxpayers in South Africa
Tax Scale For 2025 Finnian Monroes from finnianmonroes.pages.dev
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 Refund of overpayment of provisional tax 7.25% p.a
Tax Scale For 2025 Finnian Monroes
2026 tax year (1 March 2025 - 28 February 2026) 12 March 2025 - No changes After initially planning marginal adjustments to income tax. The same rates of tax are applicable to both residents and non-residents
This is who is paying South Africa’s taxes BusinessTech. The same rates of tax are applicable to both residents and non-residents Find income tax, VAT, transfer duty & other tax rates for the past 10 years
What Taxes are Applicable in South Africa? Word Power. 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 Non-residents may be taxed on South African source income