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How will tax be calculated on a once off performance bonus, not a 13th month bonus?

Posted 23 July 2013 under Tax Q&A


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This performance bonus was paid together with my monthly salary.

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

TaxTim TaxTim says:
23 July 2013 at 22:24

You will be taxed on this and it will be included as part of your PAYE for the last month.


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235 DAYS
LEFT OF
TAX SEASON
2017


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