People under 65 earning up to R250 000 (R20 833 a month) will pay an average tax rate of 17.6%
And under 65’s earning R750 000 (R62 500 a month) will pay an average tax rate of 30.6%
Showing posts with label Pravin Gordhan. Show all posts
Showing posts with label Pravin Gordhan. Show all posts
Friday, March 19, 2010
Tax Relief for the Individual
Everyone under 65 earning between R57 000 (R4 750 per month) and R80 000 (R6 667 a month) will pay an average tax rate of 5.2%
People under 65 earning up to R250 000 (R20 833 a month) will pay an average tax rate of 17.6%
And under 65’s earning R750 000 (R62 500 a month) will pay an average tax rate of 30.6%
People under 65 earning up to R250 000 (R20 833 a month) will pay an average tax rate of 17.6%
And under 65’s earning R750 000 (R62 500 a month) will pay an average tax rate of 30.6%
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