The income tax rate for individuals in South Africa for the tax year 2022 is as follows:
- Income up to R205,900: 18%
- Income from R205,901 to R321,600: 26%
- Income from R321,601 to R445,100: 31%
- Income from R445,101 to R584,200: 36%
- Income from R584,201 to R744,800: 39%
- Income from R744,801 to R1,577,300: 41%
- Income over R1,577,301: 45%
Please note that these rates are subject to change and it is advisable to consult the South African Revenue Service (SARS) or a tax professional for the most up-to-date information.
What is the income tax rate for 2022, for south african revenue service
1 answer