The Personal Income Tax Rate in South Africa stands at 45 percent. source: South African Revenue Service

Personal Income Tax Rate in South Africa averaged 41.24 percent from 2004 until 2020, reaching an all time high of 45 percent in 2017 and a record low of 40 percent in 2005. This page provides - South Africa Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Personal Income Tax Rate - values, historical data and charts - was last updated on December of 2021.

Personal Income Tax Rate in South Africa is expected to reach 45.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Personal Income Tax Rate is projected to trend around 45.00 percent in 2021, according to our econometric models.

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South Africa Personal Income Tax Rate


Related Last Previous Unit Reference
Personal Income Tax Rate 45.00 45.00 percent Dec/21
Corporate Tax Rate 28.00 28.00 percent Dec/21
Sales Tax Rate 15.00 15.00 percent Dec/21
South Africa Personal Income Tax Rate
In South Africa, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of South Africa.