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How to calculate tax on annual leave payment when dismissal occurs
Posted 31 July 2013
How do we calculate tax on accrued annual leave pay when one is dismissed? Is there a percentage or tax table that needs to be used? It is about 8 days leave accrued and is less than R 2 500. 00.
TaxTim Marc said: 2 August 2013 at 22:29
It would form part of the last month's salary which will then increase the amount to be used with the SARS PAYE table.