Page 9 - P6 Slide Taxation - Lecture Day 6 - Retirement Benefits Lump Sums
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• TABLE C: Normal rates of tax for Natural Persons (2019 yoa):
TAXABLE INCOME RATES OF TAX
≤ R188 000 18%
> R188 000 & ≤ R293 600 R 33 840+ 26% that exceeds R188 000
> R293 600 & ≤ R404 400 R 61 296+ 31% that exceeds R293 600
> R404 400 & ≤ R550 100 R 96 264+ 36%that exceeds R404 400
> R550 100 & ≤ R701 300 R147 996 + 39% that exceeds R550 100
> R701 300 R206 964 + 41% that exceeds R701 300
Tables Will be given in
tests & examinations.
