Withdrawal Benefit
2022 tax year (1 March 2021 – 28 February 2022) – No changes from last year
Taxable income (R) | Rate of tax (R) |
---|---|
1 – 25 000 | |
2021 tax year (1 March 2020 – 28 February 2021) – No changes from last year
Taxable income (R) | Rate of tax (R) |
---|---|
1 – 25 000 | |
2020 tax year (1 March 2019 – 29 February 2020) – No changes from last year
Taxable income (R) | Rate of tax (R) |
---|---|
0 – 25 000 | |
Retirement & Death Benefits or Severance Benefits
2022 tax year (1 March 2021 – 28 February 2022) – No changes from last year
Taxable income (R) | |
---|---|
1 – 500 000 | |
700 001 – 1 050 000 | |
2021 tax year (1 March 2020 – 28 February 2021) – No changes from last year
Taxable income (R) | |
---|---|
1 – 500 000 | |
700 001 – 1 050 000 | |
2020 tax year (1 March 2019 – 29 February 2020) – No changes from last year
Taxable income (R) | |
---|---|
0 – 500 000 | |
700 001 – 1 050 000 | |