Income Tax Calculator 2022 for Individuals
Are you wondering how to 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 payable 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 2022
These are the applicable tax rates, brackets and rebates for the Income Tax year 1 March 2021 - 28 February 2022
Tax Brackets 2022 South Africa
(R 1 – R 216 200) 18% on each R1
(R 216 201 – R 337 800) R 38 916 + 26% of the amount over R 216 200
(R 337 801 – R 467 500) R 70 532 + 31% of the amount over R 337 800
(R 467 501 – R 613 600) R 110 739 + 36% of the amount over R 467 500
(R 613 601 – R 782 200) R 163 335 + 39% of the amount over R 613 600
(R 782 201 – R 1 656 600) R 229 089 + 41% of the amount over R 782 200
(R 1 656 601 and above R 587 593 + 45% of the amount over R 1 656 600
Tax Rebates for 2022
- Persons under 65 - R 15 714
- Persons 65 and under 75 - R 8 613
- Persons 75 and over - R 2 871
Tax Threshold for 2022 (no tax payable under this amount)
- Persons under 65 - R 87 300
- Persons 65 and under 75 - R 135 150
- Persons 75 and over - R 151 100
Do you need a Quote for our Tax and Accounting Services?
Contact our team via any of the following channels to get a proposal for your personal income tax services:
Archive - Income Tax Tables 2024
Archive - Income Tax Tables 2023
Archive - Income Tax Tables 2021
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