|
Individue - 2009/2010
| Belasbare inkomste | Belasting | | 0 – R132,000 | 18.00% | | R132,001 – R210,000 | R23,760 + 25% > R132,000 | | R210,001 – R290,000 | R43,260 + 30% > R210,000 | | R290,001 – R410,000 | R67,260 + 35% > R290,000 | | R410,001 – R525,000 | R109,260 + 38% > R410,000 | | R 525,001 | R152,960 + 40% > R525,000 |
Individue - 2008/2009
| Belasbare inkomste | Belasting | | 0 – R122,000 | 18.00% | | R122,001 – R195,000 | R21,960 + 25% > R122,000 | | R195,001 – R270,000 | R40,210 + 30% > R195,000 | | R270,001 – R380,000 | R62,710 + 35% > R270,000 | | R380,001 – R490,000 | R101,210 + 38% > R380,000 | | R 490,001.00 | R143,010 + 40% > R490,000 |
Belastingdrempel:
| | 2010 | 2009 | | Jonger as 65 jaar | R 54,200.00 | R 46,000.00 | | Ouer as 65 jaar | R 84,200.00 | R 74,000.00 |
Rente vrystelling:
| | 2010 | 2009 | | Jonger as 65 jaar | R 21,000.00 | R 19,000.00 | | Ouer as 65 jaar | R 30,000.00 | R 27,500.00 |
Buitelandse rente en dividende is vrygestel tot 'n maksimum van R3,500, was R3,200 gewees.
Medical and physical disability expenses
Taxpayers 65 years and older may claim all qualifying expenditure. Taxpayers under 65 are not taxed on, or may deduct, contributions to medical schemes up to R625 for each of the first two persons covered under a medical scheme (taxpayer and one dependant) and R380 for each additional dependant. In addition they can claim a deduction for medical scheme contributions above the caps and any other medical expenses to the extent the total exceeds 7,5% of taxable income. Taxpayers under 65 may claim all qualifying medical expenses, where the taxpayer or the taxpayer's spouse or child is a handicapped person.
Income tax: Companies
Financial years ending on any date between 1 April 2009 and 31 March 2010:
| Companies/Close Corporations | 28.00% (the same) | | Small business corporations | R0 – R54,200 R54,201 – R300 000 R300 001 and above | 0% 10% 28% | | Employment companies | 34.00% | | Foreign resident companies which trade in South Africa through a branch or agency | 34.00% | | Secondary tax on companies (STC) on dividends declared | 10% from 1 October 2007 | | Trusts | 40.00% |
VAT
The threshold for compulsory registration increases from R300,000 to R1 million from 1st March 2009. The minimum threshold for voluntary registration will increase from R20,000 to R50,000 per annum on 1 March 2010.
|
