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Signing bonus vs relocation allowance tax implications?

Posted 12 October 2013 under Tax Q&A


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I just got a job offer in CPT and currently in DBN and the company is giving me a signing bonus R100K. what are the tax implications of signing bonus compare to getting a relocation allowance instead of the bonus.

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TaxTim TaxTim says:
14 October 2013 at 10:24

A relocation allowance can be exempt from tax whereas a sign on bonus will be subject to tax.


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