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What will tax on a bonus of R10 000 be?

Posted 4 February 2014

What is the tax on a bonus of r 10000.00

TaxTim says:
4 February 2014 at 16:57

It would depend on your monthly salary. What do you currently earn?

Annie says:
4 February 2014 at 17:01

R 11000

TaxTim says:
4 February 2014 at 17:08

Your employer would at most deduct R1800 as tax from the bonus paid.

This entry was posted in Tax Q&A and tagged Salary / IRP5, Deductions. Bookmark the permalink.

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