Latest Updates

News Feed

Enoch Godongwana
Minister of Finance

21 February 2024

Honourable Speaker, Nosiviwe Mapisa-Nqakula His Excellency, President Cyril Ramaphosa His Excellency, the Deputy President Paul Mashatile Cabinet Colleagues Members of the Executive Committees for Finance Honourable Members The Governor of the South African Reserve Bank The Commissioner of the South African Revenue Service Fellow South Africans

INTRODUCTION

Madam Speaker, according to two prominent economists, Alberto Alesina and Dani Rodrik, “A crude distinction between economics and politics would be that economics is concerned with expanding the pie while politics is about distributing it”…

Read More…

SARS Tax Tables

RATES OF TAX FOR INDIVIDUALS

On this page you will see Individuals’ tax table, as well as the Tax Rebates and Tax Thresholds – scroll down.

2025 tax year (1 March 2024 – 28 February 2025)

21 February 2024 – No changes from last year:

Taxable income (R)	Rates of tax (R)
1 – 237 100	18% of taxable income
237 101 – 370 500	42 678 + 26% of taxable income above 237 100
370 501 – 512 800	77 362 + 31% of taxable income above 370 500
512 801 – 673 000	121 475 + 36% of taxable income above 512 800
673 001 – 857 900	179 147 + 39% of taxable income above 673 000
857 901 – 1 817 000	251 258 + 41% of taxable income above 857 900
1 817 001 and above	644 489 + 45% of taxable income above 1 817 000

Read More

TRAVEL E-LOG BOOK

When can you claim for travel?

If you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes.

What do I need to do?

Firstly, record your motor vehicle’s odometer reading on 1 March, i.e. on the first day of a tax year.

Secondly, make sure that you keep a logbook throughout the year. Note that it is not necessary to record details of private travel but you must record details of business travel. You may make use of the SARS eLogbook, simply download the:

2024-25 SARS eLogbook for the 1 March 2024 – 28 February 2025 assessment year and filing season starting 1 Jul 2025
2023-24 SARS eLogbook for the 1 March 2023 – 29 February 2024 assessment year and filing season starting 1 Jul 2024
2022-23 SARS eLogbook for the 1 March 2022 – 28 February 2023 assessment year and filing season starting 1 Jul 2023
2021-22 SARS eLogbook for the 1 March 2021 – 28 February 2022 assessment year and filing season starting 1 Jul 2022
2020-21 SARS eLogbook for the 1 March 2020 – 28 February 2021 assessment year and filing season starting 1 Jul 2021
2019-20 SARS eLogbook for the 1 March 2019 – 29 February 2020 assessment year and tax season starting 1 Jul 2020
2018-19 SARS eLogbook for the 1 March 2018 – 28 February 2019 assessment year and tax season starting 1 Jul 2019
2017-18 SARS eLogbook for the 1 March 2017 – 28 February 2018 assessment year and tax season starting 1 Jul 2018
2016-17 SARS eLogbook for the 1 March 2016 – 28 February 2017 assessment year and tax season starting 1 Jul 2017
2015-16 SARS eLogbook for the 1 March 2015 – 29 February 2016 assessment year and tax season starting 1 Jul 2016
2014-2015 SARS Logbook for the 1 March 2014 – 28 February 2015 assessment year and tax season starting 1 Jul 2015