Latest 2018/19 tax tables: Just 3.7% of taxpayers footing 40% of SA’s bill

JOHANNESBURG — National Treasury notes that this year there will be no fiscal drag relief. As a result, an effective R14bn extra tax burden will fall on those earning over R410 000 a year. Subsequently, 270 000 people will generate 40% of SA’s personal income tax. Below are the latest tax details for the year. – Gareth van Zyl

Read also: Cash-strapped high income earners don’t have more tax to give SA – Matthew Lester


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