Definition of Personal Income Tax

Personal Income Tax is paid on your taxable income. SARS requires all individuals in South Africa to pay Income tax and be tax registered.

If you need to register for Company Income Tax, please click here to read more / apply.

Taxable Income includes:

• Remuneration (income from employment), such as, salaries, wages, bonuses, overtime pay, taxable (fringe) benefits, allowances and certain lump sum benefits
• Director’s fees
• Profits or losses from a business or trade
• Investment income, such as interest and foreign dividends
• Income or profits arising from an individual being a beneficiary of a trust
• Rental income or losses
• Pension income
• Annuities
• Income from royalties
• Certain capital gains

Who needs to pay Personal Income Tax?

2020 tax year:

If you earn more than R 79 000 in the 2020 tax year (R 6 583 per month before any deductions) you are liable to pay Income Tax.

2021 tax year:

If you earn more than R 83 100 in the 2021 tax year (R 6 925 per month before any deductions) you are liable to pay Income Tax.

How do I get a Personal Income Tax Registration Number?

You firstly need to register for Income Tax at SARS. Our professional tax accountant (who has a rich knowledge about the processes at SARS) will prepare your documents, get your Tax Registration Number and send it to you. The easy process follows:

1. Apply online using the application form below.
2. Our professional accountant request your information and represent you at SARS (we assist).
3. You will receive your Personal Tax Registration number within a week.