DANIEL BAINES: How to calculate what tax you’ll pay from March 1 2020
Individual tax tables were given above inflation increases
The 2020 budget speech brought some surprises, including a reduction in tax for individuals for the 2021 tax year (starting March 1 2020).
This was achieved through an increase in the primary rebate (this is an amount of R14,958 which reduces the tax payable by individuals each tax year – it was R14,220 in the previous tax year). ..