MATHEMATICAL LITERACY PAPER 2
GRADE 12
NATIONAL SENIOR CERTIFICATE
ADDENDUM

NOVEMBER 2019 
6

7
ANNEXURE C
QUESTION 2.2
TAX RATES FOR INDIVIDUALS
2018/2019 TAX YEAR (1 MARCH 2018-28 FEBRUARY 2019)

TAXABLE INCOME RATES OF TAX
0-195 850  18% of taxable income 
195 851-305 850  35 253 +26% of taxable income above 95 850
305 851–423 300  63 853 +31% of taxable income above 305 850
423 301-555 600  100 263 + 36% of taxable income above 423 300 
555 601-708 310  147 891 +39% of taxable income above 555 600 
708 311-1 500 000  207 448 +41% of taxable income above 708 310 
1 500 001 and above   532 041 +45% of taxable income above 1 500 000 

     

TAX REBATE   2019 
Primary  R14 067 
Secondary (65 and older) R7 713 
Tertiary (75 and older)  R2 574 

       

MEDICAL SCHEME TAX REBATES 2019  
PER MONTH(R)
For the tax payer who paid medical scheme contributions R310 
For the first dependant   R310 
For each additional dependant  R209 

   
ANNEXURE D
QUESTION 2.4

TABLE 1: TOP MARGINAL TAX RATES FOR INDIVIDUALS IN THE G20 COUNTRIES

  UNIT %
COUNTRY 2019 PREVIOUS
Japan
Netherlands
Germany
Australia
China
France
South Africa
Spain
United Kingdom
Italy
South Korea
Switzerland
United States of America
India
Argentina
Mexico
Turkey
Canada
Indonesia
Brazil
Singapore
Russia
Saudi Arabia
55,95
52,00
47,50
45,00
45,00
45,00
45,00
45,00
45,00
43,00
40,00
40,00
37,00
35,88
35,00
35,00
35,00
33,00
30,00
27,50
22,00
13,00
0,00
55.95
52
47.5
45
45
45
45
45
45
43
40
40
39.6
35.54
35
35
35
33
30
27.5
22
13
0

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Last modified on Wednesday, 01 December 2021 13:13