Income Tax Calculators.
Tax and Finance Calculators

What is it Personal Income Tax?

Income tax is the normal tax that is paid on your taxable income.

Examples of amounts an individual may receive, and from which the taxable income is determined are:

  1. Remuneration (income from employment), such as, salaries, wages, bonuses, overtime pay, taxable (fringe) benefits, allowances and certain lump sum benefits
  2. Profits or losses from a business or trade
  3. Income or profits arising from an individual being a beneficiary of a trust
  4. Director’s fees
  5. Investment income, such as interest and foreign dividends
  6. Rental income or losses
  7. Income from royalties
  8. Annuities
  9. Pension income
  10. Certain capital gains

Who is eligible for Income Tax?

You are liable to pay income tax if you earn more than:

For the 2018 YOA (1 March 2017 - 28 February 2018)

For the 2017 YOA (1 March 2016 - 28 February 2017)

For the 2016 YOA (1 March 2015 - 29 February 2016)

You don't need to file if your total salary for the year before tax is not more than R350 000, provided:

What steps are required to ensure compliance?

Step one: You must register for income tax

If you earn a taxable income, which is above the tax threshold, you must register as a taxpayer with SARS.

If you were not yet registered you would only be required to visit a SARS branch once to verify your identity, address and bank details. All additional tax registration can be performed from eFiling without having to visit a branch again. 

It is important you have all the supporting documentation when registering.

Step two: You must submit a return

If you are registered for income tax, you will be required to submit an annual income tax return to SARS.

When completing your return, you will require the following documentation in order to verify the existing, pre-populated information that appears in the return, as well as to complete any remaining portions: