FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


How will tax be calculated after I leave my job?

Posted 5 September 2013

Hi Tim
I am over 45 and have 20 yrs service with the state. I'm planning to exit. How will my tax be calculated?

TaxTim TaxTim says:
5 September 2013 at 21:35

Your tax will be calculated based on the amount earned to date of the tax year. Your PAYE has already been paid over for the months worked. Your final month worked will most likely include a larger income amount and this will be taxed as per the SARS tables. When you file your final tax return for the 2014 tax year then your tax payable will be calculated for the year and you most likely will receive a refund. However I cannot tell you how much the refund will be just yet nor the tax rate of the final month without knowing the amount earned.

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




Submit your tax return right here!

TaxTim will help you:

 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.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.