South Africa Home Africa South Africa Tax Pages Rental Income Tax South Africa More ZA × South Africa Financial Overview Overview House Prices Market in Depth Rental Yields Income Tax et al Tax Example Taxes if Resident Buying Guide Landlord and Tenant Property Inheritance Country Statistics Property Investments Where to Buy Survey of South Africa Cape Town Free State Johannesburg KwaZulu-Natal Limpopo Key Contacts Accountants Lawyers Real Estate Agents Mortgages Income tax on rent, worked example, in South Africa January 09, 2018 Non-resident couple´s rental income1 Monthly Rental Income2 1,500 6,000 12,000 Annual Rental Income 18,000 72,000 144,000 Less Expenses3 (5,201) (27,184) (54,585) = Taxable Income 12,799 44,816 89,415 Income Tax4 Up to ZAR 188,880 18% 2,304 4,883 4,883 ZAR189,880 - ZAR 296,540 25% - 3,809 3,809 ZAR296,240 - ZAR 410,460 30% - 736 4,882 ZAR410,460 - ZAR 555,600 35% - - 7,257 ZAR555,600 - ZAR 708,310 38% - - 3,817 ZAR708,310 - ZAR 1,500,000 41% - - - Over ZAR 1,500,000 45% - - - Annual Income Tax Due 2,304 9,428 24,648 Tax Due as % of Gross Income 12.80% 13.09% 17.12% Thanks to: DISCLAIMER: The information contained above is marketing material only and is not written tax advice directed at the particular facts and circumstances of any person and should not be relied upon. We encourage you to discuss your particular situation with us or an independent tax advisor. This information was last updated on July 7, 2016. Notes 1 The property is jointly owned by husband and wife, but then taxed separately (50% upon each partner). 2 Exchange rate used: 1.00 US$ = 14.00 ZAR 3 Estimated values only. Only expenses actually incurred may be deducted such as repairs and maintenance, insurance, collector´s commission and bank charges. 4 Rental income earned by nonresident individuals is taxed at progressive rates. Comments thamendrie | June 15, 2010 please provided a detailed list of expenses that can be deduted from rental income before taxes,this is my main source of income, Login or Register to submit a comment! In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.