See how the changes in tax rates affect the various age groups per income level from last year 2016/7 to this year, 2017/18.
Taxpayers below 65
Taxable income (R) | 2016/17 rates (R) | Proposed 2017/18 rates (R) | Tax change (R) | % change | Average tax rates | |
Oldrates | Newrates | |||||
85 000 | 1 800 | 1 665 | -135 | -7.5% | 2.1% | 2.0% |
90 000 | 2 700 | 2 565 | -135 | -5.0% | 3.0% | 2.9% |
100 000 | 4 500 | 4 365 | -135 | -3.0% | 4.5% | 4.4% |
120 000 | 8 100 | 7 965 | -135 | -1.7% | 6.8% | 6.6% |
150 000 | 13 500 | 13 365 | -135 | -1.0% | 9.0% | 8.9% |
200 000 | 23 460 | 23 174 | -285 | -1.2% | 11.7% | 11.6% |
250 000 | 36 460 | 36 174 | -285 | -0.8% | 14.6% | 14.5% |
300 000 | 49 780 | 49 347 | -432 | -0.9% | 16.6% | 16.4% |
400 000 | 80 780 | 80 347 | -432 | -0.5% | 20.2% | 20.1% |
500 000 | 116 460 | 115 824 | -635 | -0.5% | 23.3% | 23.2% |
750 000 | 213 431 | 212 490 | -941 | -0.4% | 28.5% | 28.3% |
1 000 000 | 315 931 | 314 990 | -941 | -0.3% | 31.6% | 31.5% |
1 500 000 | 520 931 | 519 990 | -941 | -0.2% | 34.7% | 34.7% |
2 000 000 | 725 931 | 744 990 | 19 059 | 2.6% | 36.3% | 37.2% |
Source: National Treasury
Taxpayers aged 65 to 74
Taxable income (R) | 2016/17 rates (R) | Proposed 2017/18 rates (R) | Tax change (R) | % change | Average tax rates | |
Oldrates | Newrates | |||||
120 000 | 6 93 | 4 84 | -209 | 30.2% | -0.6% | 0.4% |
150000 | 6093 | 5884 | -209 | -3.4% | 4.1% | 3.9% |
200000 | 1 6053 | 1 5693 | -359 | -2.2% | 8.0% | 7.8% |
250 000 | 2 9053 | 2 8693 | -359 | -1.2% | 11.6% | 11.5% |
300000 | 4 2373 | 4 1866 | -506 | -1.2% | 14.1% | 14.0% |
400000 | 7 3373 | 72866 | -506 | -0.7% | 18.3% | 18.2% |
500 000 | 109053 | 108343 | -709 | -0.7% | 21.8% | 21.7% |
750000 | 206024 | 205009 | -1015 | -0.5% | 27.5% | 27.3% |
1 000000 | 308524 | 307509 | -1 015 – | 0.3% | 30.9% | 30.8% |
1 500 000 | 513524 | 512509 | -1015 | -0.2% | 34.2% | 34.2% |
2000 000 | 718524 | 737509 | 18985 | 2.6% | 35.9% | 36.9% |
Source: National Treasury
Taxpayers aged 75 and over
Taxable income (R) | 2016/17 rates (R) | Proposed 2017/18 rates (R) | Tax change (R) | % change | Average tax rates | |
Oldrates | Newrates | |||||
150000 | 3627 | 3393 | -234 | -6.4% | 2.4% | 2.3% |
200000 | 1 3587 | 1 3203 | -384 | -2.8% | 6.8% | 6.6% |
250000 | 2 6587 | 2 6203 | -384 | -1.4% | 10.6% | 10.5% |
300000 | 3 9907 | 3 9376 | -531 | -1.3% | 13.3% | 13.1% |
400000 | 7 0907 | 7 0376 | -531 | -0.7% | 17.7% | 17.6% |
500000 | 106587 | 105853 | -734 | -0.7% | 21.3% | 21.2% |
750000 | 203558 | 202518 | -1039 | -0.5% | 27.1% | 27.0% |
1 000000 | 306058 | 305018 | -1039 | -0.3% | 30.6% | 30.5% |
1 500000 | 511058 | 510018 | -1 039 | -0.2% | 34.1% | 34.0% |
2 000000 | 716058 | 735018 | 18961 | 2.6% | 35.8% | 36.8% |