Configure Inputs

ZAR 450.00K
ZAR
ZAR 100.00KZAR 2.50M
1
010

Calculates SARS tax for 2024 ÷ 25. Includes Primary Rebate and Medical Tax Credits. Standard 1% UIF deduction applied.

Monthly Net Pay

R 30 623,00

Income Tax (SARS)

ZAR 80.40K

UIF Contribution

ZAR 2.13K

Annual Net Pay

ZAR 367.47K

Break-up of Maturity Value

Invested Amount
Est. Returns

Rebate Impact: Saving R 21 603,00 through primary rebates and medical credits.

SARS Tax Analysis

Principal
Interest
Fees & Charges

Deep Dive & FAQ

Tax Rates, Rebates, and Medical Credits

South Africa uses a progressive tax system (PAYE) with significant primary rebates that reduce your tax liability.

  • Tax Threshold: Below a certain income level, no tax is payable due to the primary rebate.
  • Medical Tax Credits: Direct tax reductions for medical scheme members and their dependents.
  • UIF: 1% contribution to the Unemployment Insurance Fund, capped at a maximum monthly salary.