Individuals
Below 65 years of age – R 79,000. Older than 65 and younger than 75 – R 122,300. Above 75 years of age – R 136,750.
Do I need to submit a tax return?
You do not need to submit a tax return for the 29 February 2020 tax efiling season if you earned less than R 500,000 per annum, but only if you had one employer for the tax year, did not conduct any trade, did not receive a travel allowance and did not receive interest from a South African Source.