Tax Rebates

Primary                                                        R14 220

Secondary (Persons 65 and older)             R7 794

Tertiary (Persons 75 and older)                  R2 601

Age Tax Threshold

Below age 65                                                R79 000

Age 65 to below 75                                     R122 300

Age 75 and older                                         R136 750

Medical and disability expenses

monthly contributions to medical schemes (a tax rebate referred to as a medical scheme fees tax credit) by the individual who paid the contributions up to R310 for each of the first two persons covered by those medical schemes, and R209 for each additional dependant; and in the case of an individual who is 65 and older, or if an individual, his or her spouse, or his or her child is a person with a disability, 33.3% of the sum of qualifying medical expenses paid and borne by the individual, and an amount by which medical scheme contributions paid by the individual exceed 3 times the medical scheme fees tax credits for the tax year; or any other individual, 25% of an amount equal to the sum of qualifying medical expenses.

Travel Allowance

80% of the travelling allowance must be included in the employee’s remuneration for the purposes of calculating PAYE. The percentage is reduced to 20% if the employer is satisfied that at least 80% of the use of the motor vehicle for the tax year will be for business purposes.

Employer-owned vehicles

The taxable value is 3.5% of the determined value (the cash cost including VAT) per month of each vehicle. Where the vehicle is the subject of a maintenance plan when the employer acquired the vehicle, the taxable value is 3,25% of the determined value; or »» acquired by the employer under an operating lease, the taxable value is the cost incurred by the employer under the operating lease plus the cost of fuel.