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Felix said: 30 July 2015 at 12:08 I would like to find out the PAYE payable on a person receiving R16636. 60 monthly, no pension fund or any other deduction except SDL, UIF and PAYE. This person is 74 years of age, turning 75 in November 2015. I calculated the amount to R1390. 87 but the system calculates it as R1067. 11. I cant seem to figure out why the calculation result differs. For the 2016 tax year. |
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TaxTim Marc said: 30 July 2015 at 15:31 The monthly tax would be R1,185.34 as the person would qualify for the tertiary rebate as well given they would be 75 on the last day of the 2015/2016 year of assessment. I don't know how the R1,067 has been calculated. Hopefully there is system support helpdesk you can contact to enquire how the PAYE is calculated. |
