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TAX TABLES & DATES

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Tax Tables
2019/2020

Income Tax: Individuals and Trusts

Taxable Income Rates - 2019

 

R              0 - R   195 850                             18% of each R1

R   195 851 - R   305 850         R  35 253 + 26% of taxable income above  R    195 850

R   305 851 - R   423 300         R  63 853 + 31% of taxable income above  R    305 850

R   423 301 - R   555 600         R100 263 + 36% of taxable income above  R    423 300

R   555 601 - R   708 310         R147 891 + 39% of taxable income above  R    555 600

R   708 311 - R1 500 000         R207 448 + 41% of taxable income above  R    708 310

R1 500 001 +                           R532 041 + 45% of taxable income above  R1 500 000

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Taxable Income Rates - 2020

 

R              0 - R   195 850                             18% of each R1

R   195 851 - R   305 850         R  35 253 + 26% of taxable income above  R    195 850

R   305 851 - R   423 300         R  63 853 + 31% of taxable income above  R    305 850

R   423 301 - R   555 600         R100 263 + 36% of taxable income above  R    423 300

R   555 601 - R   708 310         R147 891 + 39% of taxable income above  R    555 600

R   708 311 - R1 500 000         R207 448 + 41% of taxable income above  R    708 310

R1 500 001 +                           R532 041 + 45% of taxable income above  R 1 500 000

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Tax Rebates

Amounts deductible from the tax payable           2019                       2020

Persons Under 65                                                    R14 067                  R14 220

Persons of 65 and under 75                                    R21 780                  R22 014              

Persons 75 and older                                              R24 354                  R24 615

 

Tax Thresholds

The tax thresholds at which liability for normal tax commences, are:

                                                                                   2019                        2020

Persons Under 65                                                     R  78 150                  R  79 000

Persons of 65 and under 75                                     R121 000                 R122 300              

Persons 75 and older                                               R135 300                  R136 750

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Medical Scheme Fees Tax Credits

Monthly amounts deductible from tax payable

                                                                                     2019                       2020

Main Member                                                              R310                       R310

First Dependant                                                          R310                        R310

Each additional dependant                                        R209                        R209

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Prescribed Rate for Reimburse Kilometres

The SARS prescribed rate per kilometre increased from R3.55 to R3.61

 

Personal Service Provider

A personal service provided is taxed at a rate of:

  • 28% for a personal service provider company

  • 45% for a personal service provider trust

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Important
Dates
  • 24-01-2020 - VAT manual submissions and payments

  • 30-01-2020 - Excise Duty payments

  • 31-01-2020 - CIT Provisional Tax Payments

  • 31-01-2020 - VAT electronic submissions and payments

  • 07-02-2020 - PAYE submissions and payments

  • 25-02-2020 - VAT manual submissions and payments

  • 27-02-2020 - Excise Duty payments

  • 28-02-2020 - PIT Provisional Tax payments

  • 28-02-2020 - VAT electronic submissions and payments

  • 28-02-2020 - CIT Provisional Tax Payments

  • 06-03-2020 - PAYE submissions and payments

  • 25-03-2020 - VAT manual submissions and payments

  • 30-03-2020 - Excise Duty payments

  • 31-03-2020 - VAT electronic submissions and payments

  • 31-03-2020 - End of the 2019/20 Financial year

  • 31-03-2020 - CIT Provisional Tax Payments

  • 01-04-2020 - Start of 2020/2021 Financial Year

  • 07-04-2020 - PAYE submissions and payments

  • 24-04-2020 - VAT manual submissions and payments

  • 29-04-2020 - Excise Duty payments

  • 30-04-2020 - VAT electronic submissions and payments

  • 30-04-2020 - CIT Provisional Tax Payments

  • 07-05-2020 - PAYE submissions and payments

  • 25-05-2020 - VAT manual submissions and payments

  • 28-05-2020 - Excise Duty payments

  • 29-05-2020 - VAT electronic submissions and payments

  • 29-05-2020 - CIT Provisional Tax Payments

  • 05-06-2020 - PAYE submissions and payments

  • 25-06-2020 - VAT manual submissions and payments

  • 29-06-2020 - Excise Duty payments

  • 30-06-2020 - VAT electronic submissions and payments

  • 30-06-2020 - CIT Provisional Tax Payments

  • 30-06-2020 - End of the 1st fiscal quarter

  • 07-07-2020 - PAYE submissions and payments

  • 24-07-2020 - VAT manual submissions and payments

  • 30-07-2020 - Excise Duty payments

  • 31-07-2020 - VAT electronic submissions and payments

  • 31-07-2020 - CIT Provisional Tax Payments

  • 07-08-2020 - PAYE submissions and payments

  • 25-08-2020 - VAT manual submissions and payments

  • 28-08-2020 - Excise Duty payments

  • 31-08-2020 - VAT electronic submissions and payments

  • 31-08-2020 - PIT Provisional Tax Payments

  • 31-08-2020 - CIT Provisional Tax Payments

  • 07-09-2020 - PAYE submissions and payments

  • 25-09-2020 - VAT manual submissions and payments

  • 29-09-2020 - Excise Duty payments

  • 30-09-2020 - VAT electronic submissions and payments

  • 30-09-2020 - PIT top-up Provisional Tax Payments

  • 30-09-2020 - CIT Provisional Tax Payments

  • 30-09-2020 - End of 2nd fiscal quarter

  • 07-10-2020 - PAYE submissions and payments

  • 23-10-2020 - VAT manual submissions and payments

  • 29-10-2020 - Excise Duty payments

  • 30-10-2020 - VAT electronic submissions and payments

  • 30-10-2020 - CIT Provisional Tax Payments

  • 06-11-2020 - PAYE submissions and payments

  • 25-11-2020 - VAT manual submissions and payments

  • 27-11-2020 - Excise Duty payments

  • 30-11-2020 - VAT electronic submissions and payments

 

Last Updated: 18/04/2019 4:12 PM

Tax Tables
Impotant Dates
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