Income Tax Calculator 2020 for Individuals

How do you navigate tax season and submitting your returns, and then everything else that comes with it? Trying to calculate income tax and unsure about where to start? Submitting tax on your own can be daunting especially when you are not a tax professional.

When using the tax tables to calculate your tax in a tax year, be sure to take other variables into consideration. Other allowances and contributions that could impact your net income tax due or refundable on your tax return are (not exhaustive):

• Travel allowances
• Benefits
• Retirement annuity contributions
• Provident fund contributions
• Medical aid contributions
• Rental income
• Income and expenses from side hustles
• Fringe benefits contributions
• Other monthly income or annual payments

Use this table to calculate tax payable on your taxable income. These are the income tax tables that apply to individuals.

Tax Rates for Individuals 2020

These are the applicable tax rates, brackets and rebates for the Income Tax year 1 March 2019 - 28 February 2020

Tax Brackets and rates for 2020

(R 1 – R 195 850) 18% on each R1

(R 195 851 – R 305 850) R 35 253 + 26% of the amount over R 195 850

(R 305 851 – R 423 300) R 63 853 + 31% of the amount over R 305 850

(R 423 301 – R 555 600) R 100 263 + 36% of the amount over R 423 300

(R 555 601 – R 708 310) R 147 891 + 39% of the amount over R 555 600

(R 708 311 – R 1 500 000) R 207 448 + 41% of the amount over R 708 310

(R 1 500 001 and above R 532 041 + 45% of the amount over R 1 500 000

Tax Rebates for 2020

• Persons under 65 - ​R 14 220
• Persons 65 and under 75 - R 7 794
• Persons 75 and over - R 2 601

Tax Threshold for 2020 (no tax payable under this amount)

• Persons under 65 - R 79 000
• Persons 65 and under 75 - R 122 300
• Persons 75 and over - R 136 750

Need a quote for income tax services?

Do you require assistance with your Individual Income Tax returns? Complete this form ZPA Proposal Request for an affordable income tax services quote.

Archive - Income Tax Tables 2024

Archive - Income Tax Tables 2023

Archive - Income Tax Tables 2022

Archive - Income Tax Tables 2021

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