Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


R7500 SALARY BONUS R4000 WHAT TAX WILL I PAY



Lee said:
5 January 2016 at 16:04

My monthly salary is R7500 I am 54 years old, I am getting a bonus of R4000 the end of January 2016 month, please advise that my take home amount will be after tax

TaxTim Marc TaxTim Marc said:
6 January 2016 at 12:16

If the employer calculates the bonus correctly then the tax should only be an additional R720.

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




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.