JHB 010 007 3026 CPT 021 421 4444 DUR 031 007 0881

PAYE Tables 2017

September 5, 2017

An Employee’s remuneration is subject to monthly deductions in the form of PAYE. PAYE Tables for the correct tax year should be referenced to calculate an employee’s monthly tax liability. Additional deductions, rebates and tax thresholds should all be considered when calculating the final PAYE amount. These are listed below for your reference and are applicable for the 2017/2018 tax year only:

PAYE Deductions

PAYE is not only applied to an employees salary and or commission but a number of other payments are also subject to PAYE. These include:

  • 80% of any travel allowance ( This can be reduced to 20% if the employer feels the employee travels at least 80% of the time for business)
  • Any remuneration that is paid to personal service providers or labour brokers
  • Any payments made to directors of private companies with regards to services rendered (this includes directors of close corporations)
  • Any annuities from Annuity Funds
  • Any payments to PSP’s (Personal Service Providers)

 

PAYE Statutory Rates

Statutory Rates (Individuals)​
Taxable Income (R)​ Rates of tax (R)
0 – 189 880​ 18% of each R1​
189 881 – 296 540​ 34 178 + 26% of the amount above 189 880​
296 541 – 410 460 61 910 + 31% of the amount above 296 540​
410 461 – 555 600​ 97 225 + 36% of the amount above 410 460
555 601 – 708 310​ 149 475 + 39% of the amount above 555 600
708 311 – 1 500 000​ 209 032 + 41% of the amount above 708 310
1 500 001 and above​ 533 625 + 45% of the amount above 1 500 000

 

Rebates

Tax rebates are amounts by which SARS will reduce the actual taxes owing based on certain conditions or circumstances.

Tax rebates (Individuals)​ ​
Primary Rebate​ R 13 635​
Secondary rebate (for persons 65 years and older) ​ R 7 479​
Tertiary rebate (for persons 75 years and older)​ R 2 493​

 

Tax Thresholds

Tax Thresholds offer tax relief to low income earners and specify the ceilings for tax-free income.

Tax Thresholds​ 2018 ​
Persons under 65 years R 75 750​
Persons 65 years and older​ R117 300​
Persons 75 years and older​ R131 150​​

 

Need Assistance with PAYE?

Should you need assistance with PAYE processing for your business, contact Dirmeik Consulting on:

Cape Town: 021 421 4444,
Johannesburg: 010 007 3026,
Durban: 031 007 0881

 


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