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How much tax for R100,000 sign up bonus?

Posted 10 May 2016 under Tax Q&A


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Dubus says:
9 May 2016 at 19:04

I joined a company which agreed a sign up bonus of R200 000 of which 50% (R100,000) would be paid in first month. And this sign up bonus is taxable, so how much tax would be deducted on my first payment of R100,000?

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.

TaxTim TaxTim says:
10 May 2016 at 9:41

It would depend on your other earnings, but please make use of our SARS income tax calculator to work out the tax owing.


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help you
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 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

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