Budget Speech 2017 – 2018 Tax Year

by | Feb 22, 2017 | Davey's Locker

 BUDGET SPEECH 2017/18 TAX YEAR INDIVIDUALS The maximum marginal rate for natural persons is increased to 45% (previously 41%) and is reached when taxable income exceeds R1 500 000. The minimum rate of tax remains at 18% on taxable income not exceeding R189 880. The...