Budget Speech 2017-2018 and new tax tables

Feb 22 2017
South African Budget 2017 - 2018

The 2017-2018 South African Budget Speech will be presented by the Minister of Finance, Pravin Gordhan on Wednesday, 22 February 2017.

View our online tax calculator.

Below are the 2016 South African tax tables. The 2017 tax tables will follow shortly after they are released on 22 February 2017.

Individuals and special trusts

Taxable Income Rate of Tax (R)
0 - 188 000 18% of taxable income
188 001 – 293 600 33 840 + 26% of taxable income above 188 000
293 601 – 406 400 61 296 + 31% of taxable income above 293 600
406 401 – 550 100 96 264 + 36% of taxable income above 406 400
550 101 – 701 300 147 996 + 39% of taxable income above 550 100
701 301 and above 206 964 + 41% of taxable income above 701 300

Tax Rebates

Rebate  
Primary R13 500
Secondary (Persons 65 and older) R7 407
Tertiary (Persons 75 and older) R 2 466

Tax Thresholds

Age Tax Threshold
Below age 65 R75 000
Age 65 to 75 R116 150
Age 75 and over R129 850