Blog Post

Search

Blog Categories

Latest Blog

Simplify Your Payroll Today

Take the stress out of payroll with our trusted software and expert HR support.

2016/2017 Tax Table

Finance Minister Pravin Gordhan delivered his 2016 Budget on 24 February, and surprised analysts by not hiking the personal income tax rate. Tax rates for companies and VAT were not increased either.

The tables below detail the income tax rates for the year ahead.

Income Tax 2016/2017

Tax thresholds and rebates

Taxable income Rates of tax
0 – 188 000 18% of taxable income
188 001 – 293 600 33 840 + 26% of taxable income above 188 000
293 601 – 406 400 61 296 + 31% of taxable income above 293 600
406 401 – 550 100 96 264 + 36% of taxable income above 406 400
550 101 – 701 300 147 996 + 39% of taxable income above 550 100
701 301 and above 206 964 + 41% of taxable income above 701 300

 

Tax Threshold 2016/17

Under 65 R75 000
65 and older R116 150
75 and older R129 850

 

Tax Rebate  2016/17

Primary

R13 500

Secondary (65 and older)

R7 407

Tertiary (75 and older)

R2 466

Share this post

Latest Blogs

Employers please remember to file your annual declaration by 5pm Friday 30 May 2025 for the period March 2024 to February 2025. Contact help@payslip.co.za if you need any assistance

...

We are in the process of updating the information on our new website so please bear with us. If you have any queries or if we can assist in any way please email help@payslip.co.za

...

SOUTH AFRICAN PAYSLIP REQUIREMENTS (Basic Conditions of Employment Act – Section 33) Under the Basic Conditions of Employment Act (BCEA), Section 33, employers are legally required to provide each employee with a written payslip every time they are paid. The payslip must contain the following information: Employer Details: Employee Details:...

How can we help you today?

Are you an employee or an employer?

Employee
Looking for your payslip?

If you are an employee looking for your payslip, then click here

Employer
Payroll resources.

If you are looking for Payroll/HR solutions or services, click here