Your leave payment will be added to your final salary and taxed at the same rate. Based on the details you supplied, your leave payout will be approximately R12,325 (R15,800 / 21.6 X 16,85) which would be taxed at your marginal rate of 26%. You would therefore net approximately R9,120 leave pay in addition to your final salary.
Please note this is an approximate calculation and it would be best to check with your HR to find out exactly how they calculate your cost to company and leave payout.
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