Transcription of TAX GUIDE - SARS
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TAX GUIDE - SARS
TAX GUIDEBUDGET 2017T his SARS pocket tax GUIDE has been developed to provide a synopsis of the most important tax, duty and levy related information for 2017 TAX: INDIVIDUALS AND TRUSTSTax rates for the period from 1 March 2017 to 28 February 2018 Individuals and special trustsTaxable Income (R)Rate of Tax (R)0 189 88018% of taxable income189 881 296 54034 178 + 26% of taxable income above 189 880296 541 410 46061 910 + 31% of taxable income above 296 540410 461 555 60097 225 + 36% of taxable income above 410 460555 601 708 310149 475 + 39% of taxable income above 555 600708 311 1 500 000209 032 + 41% of taxable income above 708 3101 500 001 and above533 625 + 45% of taxable income above 1 500 000 Trusts other than special trusts Rate of Tax 45%Tax Rebates and Tax ThresholdsRebatesPrimaryR13 635 Secondary (Persons 65 and older)R7 479 Tertiary (Persons 75 and older)
TAX GUIDE BUDGET 2017 T his SARS pocket tax guide has been developed to provide a synopsis of the most important tax, duty and levy related information for 2017/18. INCOME TAX: INDIVIDUALS AND TRUSTS
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