Monthly salary | R 12,000 | R 20,000 | R 25,000 | R 40,000 |
Income Earned (monthly x 12) | R 144,000 | R 240,000 | R 300,000 | R 480,000 |
Medical deduction (R720 x 12) | R 8,640 | R 8,640 | R 8,640 | R 8,640 |
Taxable Income | R 135,360 | R 231,360 | R 291,360 | R 471,360 |
Tax rate for this income bracket in 2012 | 18% | 25% | 30% | 35% |
Tax Payable with medical deduction | R 12,285 | R 34,168 | R 50,799 | R 110,462 |
Tax Payable without medical deduction | R 13,840 | R 36,328 | R 53,391 | R 113,486 |
Benefit of deduction due to medical (unfair!) | R 1,555 | R 2,160 | R 2,592 | R 3,024 |