1. Personal income tax rates, rebates and thresholds have been increased.
  2. UIF earnings threshold is proposed to be limited at a maximum of R1000.00 per month for the year 2015/2016.
  3. The General Fuel Levy was increased by 30.5c/litre and the Road Accident Fun Levy has increased by 50c/l.
  4. Micro business tax rates for turnover tax has been decreased.
  5. Local subsistence allowance has been set to R353.00 per day for meals & incidental costs and R109.00 for incidental costs only.
  6. Proposition has been made to increase the electricity levy by 2c/kWh.
  7. Employment Tax Incentive calculations have been amended to include employees not working a full month.
  8. Retirement Reform has been postponed, preliminarily until 1 March 2016.
  9. Transfer duty rates and brackets have been amended to provide relief for middle-income households.
  10. The deemed rate per kilometre was decreased 12c to R3.18/km

Tax rates

The rates of tax in respect of the 2015/2016 tax year are set out in the tax table below.

Taxable Income (R):              Rates of Tax:

0 – 181,900                               18% of taxable income

181,901 – 284,100                 R32,742 + 26% of taxable income above R181,900

284,101 – 393,200                 R59,314+ 31% of taxable income above R284,100

393,201 – 550,100                 R93,135 + 36% of taxable income above R393,200

550,101 – 701,300                 R149,619 + 39% of taxable income above R550,100

701,301 and above                R208,587 + 41% of taxable income above R701,300



Tax Thresholds:


Below age 65:                          Age 65 and below 75:                             Age 75 and over:

R13,257                                      R7,407                                                          R2,466

R73,650                                      R114,800                                                     R128,500

Online Tax Calculator


Consolidated budget summary