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If I am earning two salaries how does tax work?

Posted 3 January 2013 under Tax Q&A


235 DAYS
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I am currently earning a salary as a designer in a design company and now also earning an extra income by designing a disability newspaper on weekends, my company has finally gotten funding from the government and they are back paying me R5000 for doing the newspaper layout, how much do I need to be taxed on this amount? They have taxed me R900, is this correct? Thank you for your help.

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TaxTim TaxTim says:
7 December 2012 at 20:06

Your company has taken the lowest tax rate of 18% as a PAYE deduction. This is acceptable for once off payments, but at the end of the tax year your actual tax paid on this amount will be calculated which may be more or less depending on the rest of your income.


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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