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Tax

Marginal Tax Rate

The tax rate applied to the next rand of taxable income — the bracket your income tops out in. Different from the effective rate, which is the average across all brackets.

Your marginal tax rate is the rate that applies to the next rand you earn — the bracket your taxable income reaches, not the average rate across all your income. South Africa’s individual income tax has seven brackets, from 18% on income up to R245,100 (2026/2027) up to 45% on income above R1,878,600.

Marginal rate matters whenever you’re weighing additional income or a deduction. A R10,000 bonus is taxed at your marginal rate, not the average. A R10,000 retirement annuity contribution saves tax at your marginal rate too — so a 41%-bracket earner saves R4,100, but a 26%-bracket earner saves R2,600 on the same contribution.

Provisional taxpayers and contractors usually need to know their marginal rate to set sensible tax-aside amounts. PAYE earners can find theirs by looking up which bracket their annual taxable income lands in on the SARS tax tables.