Income Tax Calculator 2021 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 2021
These are the applicable tax rates, brackets and rebates for the Income Tax year 1 March 2020 - 28 February 2021
Tax Brackets and rates for 2021
(R 1 – R 205 900) 18% on each R1
(R 205 901 – R 321 600) R 37 062 + 26% of the amount over R 205 900
(R 321 601 – R 445 100) R 67 144 + 31% of the amount over R 321 600
(R 445 101 – R 584 200) R 105 429 + 36% of the amount over R 445 100
(R 584 201 – R 744 800) R 155 505 + 39% of the amount over R 584 200
(R 744 801 – R 1 577 300) R 218 139 + 41% of the amount over R 744 800
(R 1 577 301 and above R 559 464 + 45% of the amount over R 1 577 300
Tax Rebates for 2021
- Persons under 65 - R 14 958
- Persons 65 and under 75 - R 8 199
- Persons 75 and over - R 2 736
Tax Threshold for 2021 (no tax payable under this amount)
- Persons under 65 - R 83 100
- Persons 65 and under 75 - R 128 650
- Persons 75 and over - R 143 850
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
Disclaimer:
The views or opinions expressed on this site are solely those of the original authors and other contributors. The material and information contained on this website is for general information purposes only.
This information is for general purposes only. Don't use this information for making business, legal and tax decisions without consulting a professional.
We do not make any express or implied representation, as to the completeness or accuracy of the information published.
Tax law changes regularly, and any tax information on this site might be outdated.
Links to this website may lead to other websites outside of our control and we accept no liability in respect thereof.
ZPA accepts no liability for any loss or damage arising from the use of any material on this site.
