On 25 February 2015, South Africa's Finance Ministry Nhlanhla Nene delivered the 2015 budget. The main proposed tax measures in the budget include:
- Personal income tax brackets, rebates and medical scheme contribution credits will be adjusted upwards for inflation, and the personal income tax rates for taxpayers earning more than ZAR 181,900 will be increased by 1 percentage point as follows:
- up to ZAR 181,900 - 18%
- ZAR 181,901 up to 284,100 - 26%
- ZAR 284,101 up to 393,200 - 31%
- ZAR 393,201 …