Taxable Income (R) 1-237 100 237 101 370 500 - 370 501 512 800 512 801-673 000 673 001 - 857 900 857 901-1817 000 1 817 001 and above Rate of Tax (R) 18% of taxable income 42 678 + 26% of taxable income above 237 100 77 362 + 31% of taxable income above 370 500 121 475 + 36% of taxable income above 512 800 179 147 -39% of taxable income above 673 000 251 258 +41% of taxable income above 875 900 644 489 + 45% of taxable income above 1 817 000 Age Below age 65 years Age 65 years to below 75 years Age 75 years and over Threshold 2023 / 2024 95 750 148 217 165 689 Rebate Primary Secondary (65 years +) Rebate Amount (R) 17 235 9 444 Tertiary (75 years +) 3 145 Source: https://www.simplepay.co.za/blog/2023/02/23/national-budget-speech-2023/ 3.1 Define the term tax rebate. (2) 3.2 If the head of your household earns a taxable income of R21 658 per month, calculate the monthly tax payable to SARS. (6) 3.3. The tax threshold for tax-payers below 65 years of age is (3) R95 750. Verify, showing all calculations whether this statement is correct. (11) ​