Percentage rate of tax due within the thresholdġ8% of income within the threshold + R0.00Ģ7% of income within the threshold + R114,300.00ģ6% of income within the threshold + R203,400.00 Withdrawal Benefit South Africa 2016 Tax Tables for Withdrawal Benefit Taxable Income (R) Pension Contributions: Maximum Annual contribution Pension Contributions: Maximum Income contribution Retirement Lump Sum Benefits South Africa 2016 Tax Tables for Retirement Lump Sum Benefits 27.5% Interest Exemptions threshoold for an individual 65 and olderįinal Withholding tax charged on interest from a South African source payable to non-residentsįoreign Dividends received by individuals from foreign companies (shareholding of less than 10% in the foreign company)Ĭapital Gains Tax (CGT) South Africa 2016 Tax Tables for Capital Gains Tax (CGT) 13.65%Ĭapital Gains Tax for Individuals and Special Trusts Interest Exemptions threshoold for an individual younger than 65 Interest and Dividends South Africa 2016 Tax Tables for Interest and Dividends R23,800.00 Medical Tax, percentage of deductible earning Medical Tax Credit for each additional dependant(s) Medical Tax Credit for the first dependant Medical Tax Credit for the taxpayer who paid the medical scheme contributions Note that the figures below show the annual Medical Tax Credit amounts South Africa 2016 Tax Tables for Medical Tax Credit Rates R3,084.00

The MTC is a fixed monthly amount that increases in line with the number of dependants you claim for. Please note that the Medical Tax Credit is a non-refundable tax credit and cannot be carried over to the next tax year.

Az income tax table for 2016