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Question 208 marks 2.1 One of the major sources of revenue for the govemment is personal income tax. The tax table for \( 2021 / 2022 \) is given on ANNEXURE B. Lesego, a 57 -year-old gentleman, recelved an average monthly taxable income of R4S 308,50 for the 201712018 tax year and he is not a member of a medical aid scheme. 21.4 White the tax bracket for Lesego. (2) 21.2 Dete-mine how much tax (tax payable) Lesego has to pay every month. (6)

Ask by Conner Stephens. in South Africa
Mar 18,2025

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Lesego's tax bracket is R0 – R216,200 at 18%. He needs to pay approximately R775.53 in taxes each month.

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In the 2021/2022 tax year, personal income tax in South Africa is typically structured into different tax brackets. For an individual’s taxable income, if Lesego earns an average monthly income of R45,308.50, that annualizes to approximately R543,702, which places him in a higher tax bracket. As of the provided tax table, Lesego falls into the third tax bracket where income is taxed at 26% of the amount exceeding R673,000 annually. To determine Lesego's monthly tax payable, you would start with his annual income and subtract the tax threshold for his bracket to calculate the taxable amount. For instance, assuming he is in the 26% tax bracket above a certain threshold, you subtract this figure from the annual income (R543,702 - the tax threshold). Then, you calculate the percentage tax on that amount and divide by 12 to find the monthly tax payable. Remember to check any rebates that may apply!

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