Latest Updates

News Feed

Enoch Godongwana
Minister of Finance

12 March 2025

Honourable Speaker, Thoko Didiza
Deputy Speaker, Annelie Lotriet
Chairperson of the National Council of Provinces, Refiloe Mtshweni-Tsipane
Deputy Chairperson of the National Council of Provinces, Les Govender
His Excellency, President Cyril Ramaphosa Honourable,
the Deputy President Paul Mashatile
Cabinet Colleagues
Members of the Executive Council for Finance
Honourable Members
Governor of the South African Reserve Bank
Commissioner of the South African Revenue Service
Fellow South Africans
I have the honour to table the following documents before this House:
The 2025 Division of Revenue Bill;
The 2025 Appropriation Bill;
The 2025 Eskom Debt Relief Amendment Bill;
The 2025 Public Sector Pension and Related Payments Bill;
The 2025 Revenue Laws Amendment Bill;
The 2025 Estimates of National Expenditure;
The 2025 Budget Review; and
The 2025 Budget Speech.

INTRODUCTION

The postponement of the tabling of the Budget three weeks ago was a regrettable, but perhaps an understandable feature of multiparty governance. It is a sign of a maturing and resilient democracy. The delay has stimulated an unprecedented level of public debate about the difficult policy trade-offs we, as a nation, face. …

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. To see tax rates from 2014/5, see the Archive – Tax Rates webpage.

2026 tax year (1 March 2025 – 28 February 2026)

12 March 2025 – No changes:

Taxable income (R)Rates of tax (R)
1 – 237 100 18% of taxable income
237 101 – 370 50042 678 + 26% of taxable income above 237 100
370 501 – 512 80077 362 + 31% of taxable income above 370 500
512 801 – 673 000121 475 + 36% of taxable income above 512 800
673 001 – 857 900179 147 + 39% of taxable income above 673 000
857 901 – 1 817 000251 258 + 41% of taxable income above 857 900
1 817 001 and above644 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

Read More

Contact Info

error: Content is protected !!!