This is called a progressive tax rate and applies to any individuals earning more than R 91 250 for the 2023 tax year (2022 : R 87 300). This tax threshold means that as an individual, you benefit from a tax rebate, which brings down the amount of tax you owe by a flat amount, ...
If you are self-employed and earn taxable income above the tax threshold which is R 91 250 for the 2023 tax year (2022: R 87 300), you need to register for Provisional Tax. You will also need to register if you are employed (i.e. you earn a salary) and run a business on the ...