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Tax payable on R2 608000

Posted 1 April 2014 under Tax Q&A


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How much tax is payable if I happen to resign and my basic salary is R388127 pa

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

TaxTim TaxTim says:
1 April 2014 at 13:53

There is no final tax payable on resignation, your last month will be taxed as normal, but in your year end tax return you will be able to claim a refund from SARS due to your monthly PAYE tax being calculated as if you were continuing to work a full year, but that actually not being the case.


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help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Get started

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!