Tax Brackets for South Africa 2022 | South African Tax Bracket and Rates

Do you know that each year, Tax Brackets and their rates change? The change in the tax bracket for a certain year might change slightly or there might not be anything noticeable change. Are you seeking to know the updated South African tax bracket? The Federal tax brackets for South Africa and rates have been uploaded in 2022,

Do you know that the tax brackets in South Africa differs from year to year? If you aren’t aware, it very important that you note when these tax bracket in South Africa changes so that you can adjust to the economic situation in South Africa.

What is the tax bracket for 2022 in South Africa? What is the salary bracket for tax in South Africa?

In this article, you will get to know what a tax bracket means, the updated version of the 2022 South African tax bracket, how to calculate your tax bracket in South Africa, the tax system in South Africa, as well as other important information on the 2022 South African tax bracket.

What is a Tax bracket?

Tax brackets are organized in a way that low-income South African pay a lower percentage in taxes than high-income South African. The tax bracket changes yearly due to inflation

Do you know that different tax rate applies to each level of income?  These different levels of income have different tax rates and it is called tax brackets.


Tax Brackets in South Africa 2022

 With the recent updates, the South African tax brackets for 2022 has been updated. You can check below to find out the current tax bracket for South Africa: 2022Federal tax brackets and rates have been updated as follows for 2022: This is the tax bracket in Turkey 2022 and its tax rates:

Rate of tax(R) Taxable income(R)
18% of taxable income1-216,200 –  216,200
38,916 + 26% of taxable income above 216,200216,201 – 337,800
70,532 + 31% of taxable income above 337,800337,801 – 467,500
110,739 + 36% 0f taxable income above 467,500467,501 –  613,600
163,335 + 39% of taxable income above 613,600613,601 – 782,200
229,089 + 41% of taxable income above 782,200782,201 – 1,656,600
587,593 + 45% of taxable income above 1,656,6001,656,601 and above

The Tax system in South Africa

South Africa uses a residence-based taxation system where residents are taxed on worldwide income and non-residents are taxed on South Africa-sourced income.

The South African government levies a series of direct taxes on citizens and companies in South Africa. These include business taxes, capital gains, and inheritance taxes. Indirect taxes such as Value-Added Tax(VAT) and Fuel Duty also apply, as well as a contribution towards social security in South Africa

How to calculate your tax bracket in South Africa

There is number of online income tax calculators where you can work out how much you will need to pay, including those from:

  • South African Tax Guide
  • Sage
  • TaxTim
  • Old Mutual

For questions and enquires on the Tax Brackets in South Africa in 2022, please do well to leave us a comment below.

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