Tam Personal Income Tax
wonat Income Tax is a tex imposed on individuals or enttios that varios
wpecte income and profits. As South Africang, wo pay personal income tax on
our taxable income, based on the SARS tax tables. For this investigation, we will
an average middle class family of lour, The Zulu family which consist of Mr
Zulu who is 15 yoars old, his wife who is 42 years old and their two children. The
family ears a taxable income of R32 000 per month. Mr Zulu also pays medical
aid for him and his family members.
The applicable portion of the SARS tax table rates for 2019/2020 for this
family, is given below:
Use the tables below to help you answer the questions that follows.
Annual taxable income Annual Tax Payable
Up to R195 850
18% of taxable income
R195 851 - R305 850 R35 253 + 26% of taxable income above R195 850
R305 851 - R423 300
R63 853 + 31% of taxable income above R305 850
R423 301 - R555 600
R100 263 + 36% of taxable income above R423 300
R555 601 and above
R147 891 + 39% of taxable income above R555 600​