Tax Brackets For The 2012 Year of Assessment
| Taxable income | Tax on this income |
|---|---|
| R0–R150,000 | 18% of every Rand |
| R150,001–R235,000 | R27,000 plus 25% of the amount above R150,000 |
| R235,001–R325,000 | R48,250 plus 30% of the amount above R235,000 |
| R325,001–R455,000 | R75,250 plus 35% of the amount above R325,000 |
| R455,001–R580,000 | R120,750 plus 38% of the amount above R455,000 |
| R580,001 and over 600,000,1 | R168,250 plus 40% of the amount above R580,000 |
Read more about this topic: Tax Bracket, Tax Brackets in South Africa
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