2024 Income Tax Brackets South Africa South Africa. The rates for the tax year commencing on 1 march 2024 and ending on 28 february 2025 are as follows: Taxable income (r) rates of tax;
Oliver rossi and drazen zigic (modified by author) source: โ the tax implications for pension fund members who earn below the tax threshold and then make a withdrawal from the savings pot will only be finalised during the annual filing season when taxable income will be determined, taxed at 18%.