The South Africa Revenue Services has published the Rates of Tax for Individuals for the 2022 tax year (1 March 2021 to 28 February 2022), which are as follows:
- up to ZAR 216,200 - 18%
- ZAR 216,201 to ZAR 337,800 - 26%
- ZAR 337,801 to ZAR 467,500 - 31%
- ZAR 467,501 to ZAR 613,600 - 36%
- ZAR 613,601 to ZAR 782,200 - 39%
- ZAR 782,201 to ZAR 1,656,600 - 41%
- ZAR 1,656,601 - 45%
Note, the brackets/rates are provided as part of the 2021 Draft Rates and Monetary Amounts and Amendment of Revenue Laws…