What are the SARS income tax tables 2023/2024?

  • South African tax tables for individuals are announced annually by the finance minister in his budget speech
  • the latest 2023-2024 tax tables were announced by Enoch Godongwana on 22 Feb 2023

Income tax tables for individuals 2023/2024

Here are the latest income tax rates for individual South African tax payers

Income tax rates 2023/24
IncomeTax payable
below R237,10018% of income above R0
R237,101 - R370,500R42,678 + 26% of income above R237,100
R370,501 - R512,800R77,362 + 31% of income above R370,500
R512,801 - R673,000R121,475 + 36% of income above R512,800
R673,001 - R857,900R179,147 + 39% of income above R673,000
R857,901 - R1,817,000R251,258 + 41% of income above R857,900
R1,817,001 -R644,489 + 45% of income above R1,817,000
- last updated 4 April 2023
- based on the 2023/24 SARS tax deduction tables

Tax Deduction Table
R
Total Annual IncomeTax payable
- based on the 2023/24 SARS tax deduction tables
- assuming your age is below 65

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