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What is "taxable income" on my payslip?

Posted 26 August 2013 under Tax Q&A


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On my payslip there is a huge amount called taxable income, what is it?
Do I owe SARS or is it owing me?

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

TaxTim TaxTim says:
27 August 2013 at 0:39

This is the figure representing your income earned (usually after some deductions) that SARS uses to calculate the Pay-As-You-Earn / PAYE tax that your employer pays over to SARS automatically on your behalf.


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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