Individual Income Tax Rates 2024 South Africa. Taxable income (r) rates of tax; Total receipts and accruals less receipts and accruals of a.

For individuals and sole proprietors, the threshold is r95 750, if you are younger than 65 years. The tax rates for the 2024 tax year, starting on 1st march 2023 and ending on 28th february 2024 are: