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How to calculate tax on bonus

Posted 21 January 2016

Siyabulela said:
21 January 2016 at 13:40

How is tax on bonus calculated?

TaxTim Marc TaxTim Marc said:
21 January 2016 at 13:47

It could be done in one of two ways:

1) added to your salary for the month and the SARS tax tables apply

2) Your PAYE is worked out with and without the bonus and then the difference is the additional tax.

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