TAX RATES INDIVIDUALS - 2013

TAX RATES INDIVIDUALS - 2013
Taxable income Rates of tax:
R 0 - R160 000                        18% of taxable income
R160 001 - R250 000             R 28 800 + 25% of the amount over R160 000
R250 001 - R346 000             R 51 300 + 30% of the amount over R250 000
R346 001 - R484 000             R 80 100 + 35% of the amount over R346 000
R484 001 - R617 000             R128 400 + 38% of the amount over R484 000
R617 001 +                              R178 940 + 40% of the amount over R617 000

TAX THRESHOLDS - 2013
Taxable income:
Persons under 65                   R 63 556
Persons 65 and under 75      R 99 056
Persons 75 and over              R110 889

TAX REBATES - 2013
Amounts deductible from the tax payable:
Persons under 65                   R11 440
Persons 65 and under           R17 830
Persons 75 and over              R19 960