Tax Rates 2024 South Africa. 2024 / 2025 tax year: Welcome to our comprehensive guide to understanding the effective tax rate and marginal tax rate on a r 45,000.00 annual taxable income in south africa based on the 2024 tax.

Treasury has also increased the threshold for retirement lump sum benefits and lump sum withdrawals tax tables as well as transfer duty tables by 10%. The rates for the tax year commencing on 1 march 2024 and ending on 28 february 2025 are as follows: