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Income tax in South Africa was first introduced in 1914 with the introduction of the Income Tax Act No 28, an act that had its origins in the New South Wales Act of 1895. The act has gone through numerous amendments with the act presently in force is the Income Tax Act No 58 of 1962 which contains provisions for four different types of income tax.
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
SARS was established in 1997 by a merger of the customs and inland revenue departments, at the recommendation of the Katz Commission, which had been instituted to review the South African tax system for the post-apartheid era. In subsequent years, under the leadership of Pravin Gordhan, SARS gained a reputation for effectiveness.
The executive branch of the national government of South Africa is divided into the cabinet and the civil service, as in the Westminster system. Public administration, the day-to-day implementation of legislation and policy, is managed by government departments (including state agencies with department status), which are usually headed by permanent civil servants with the title of director ...
In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.
This page was last edited on 12 November 2024, at 20:04 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Toggle Tax brackets in South Africa subsection. 10.1 Tax brackets for the 2012 year of assessment. 10.2 Tax brackets for the 2013 year of assessment.
The tax brackets for 2025 remain the same as the 2024 brackets at 10%, 12%, 22%, 24%, 32%, 35% and 37%. The IRS adjusted the income rates for each bracket to allow for inflation.