Quick-reference information for commonly used South African tax rates, thresholds and allowances.

Personal Income Tax Rates — 2027 Tax Year

1 March 2026 to 28 February 2027

Taxable Income	Rate of Tax
R1 – R245 100	18% of taxable income
R245 101 – R383 100	R44 118 + 26% above R245 100
R383 101 – R530 200	R79 998 + 31% above R383 100
R530 201 – R695 800	R125 599 + 36% above R530 200
R695 801 – R887 000	R185 215 + 39% above R695 800
R887 001 – R1 878 600	R259 783 + 41% above R887 000
R1 878 601 and above	R666 339 + 45% above R1 878 600

Tax Rebates

Rebate	Amount
Primary	R17 820
Secondary — age 65 and older	R9 765
Tertiary — age 75 and older	R3 249

The secondary and tertiary rebates are additional to the primary rebate.

Tax Thresholds

Age	Tax Threshold
Under 65	R99 000
65 to 74	R153 250
75 and older	R171 300

Corporate Income Tax

The standard company income tax rate is:

27% of taxable income

This rate applies to companies with years of assessment ending between 1 April 2026 and 31 March 2027.

Small Business Corporations

Qualifying Small Business Corporations are taxed as follows:

Taxable Income	Rate of Tax
R1 – R99 000	0%
R99 001 – R365 000	7% above R99 000
R365 001 – R550 000	R18 620 + 21% above R365 000
R550 001 and above	R57 470 + 27% above R550 000

Turnover Tax

For qualifying micro businesses:

Taxable Turnover	Rate of Tax
R1 – R600 000	0%
R600 001 – R950 000	1% above R600 000
R950 001 – R1 400 000	R3 500 + 2% above R950 000
R1 400 001 and above	R12 500 + 3% above R1 400 000

The annual turnover limit for qualifying for the turnover tax regime is R2.3 million.

Value-Added Tax

Standard VAT rate: 15%

From 1 April 2026:

Compulsory VAT registration threshold: R2.3 million

Voluntary VAT registration threshold: R120 000

Certain supplies are zero-rated or exempt from VAT.

Capital Gains Tax

Capital gains are included in taxable income.

Maximum effective CGT rates:

Taxpayer	Maximum Effective Rate
Individuals and special trusts	18%
Companies	21.6%
Other trusts	36%

For individuals and special trusts:

Annual exclusion: R50 000

Exclusion in year of death: R440 000

Primary residence exclusion: R3 million

Dividends Tax

Dividends tax rate: 20%

Exemptions or reduced rates may apply in certain circumstances, including under applicable double taxation agreements.

Donations Tax

Donations tax is generally:

20% on the cumulative value of taxable donations not exceeding R30 million.

25% on the cumulative value exceeding R30 million.

For natural persons, the first R150 000 of qualifying donations during each tax year is exempt.

Estate Duty

Estate duty is levied at:

20% on the dutiable value of an estate up to R30 million.

25% on the dutiable value above R30 million.

The basic estate duty abatement is R3.5 million.

Transfer Duty

Transfer duty applies to property transactions that are not subject to VAT.

Property Value	Transfer Duty
R1 – R1 210 000	0%
R1 210 001 – R1 663 800	3% above R1 210 000
R1 663 801 – R2 329 300	R13 614 + 6% above R1 663 800
R2 329 301 – R2 994 800	R53 544 + 8% above R2 329 300
R2 994 801 – R13 310 000	R106 784 + 11% above R2 994 800
R13 310 001 and above	R1 241 456 + 13% above R13 310 000

Tax-Free Investments

The annual contribution limit is:

R46 000 per tax year

Retirement Fund Contributions

The annual deduction limit for qualifying retirement fund contributions is:

R430 000

subject to the applicable percentage and other statutory limitations.

PAYE

PAYE is calculated according to the individual income tax rates and applicable rebates.

Employers generally deduct PAYE from remuneration and pay it to SARS.

Important

Tax rates, thresholds and allowances can change following the annual National Budget or amendments to tax legislation.

The figures above apply to the 2026/27 period as indicated and should be checked against current SARS information where applicable.