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What is the tax on performance bonus?

Posted 8 October 2013 under Tax Q&A


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If I earn R20 000 per month and receive a performance bonus of R10 000, how will my tax be calculated?

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

TaxTim TaxTim says:
8 October 2013 at 13:54

Please use our SARS income tax calculator to determine your monthly salary with the bonus.


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Need help
submitting your
Tax returns?


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