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How to calculate tax on bonus

Posted 21 January 2016 under Tax Questions



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Siyabulela says:
21 January 2016 at 13:40

How is tax on bonus calculated?

This entry was posted in Tax Questions and tagged . Bookmark the permalink.

TaxTimTaxTim says:
21 January 2016 at 13:47

It could be done in one of two ways:

1) added to your salary for the month and the SARS tax tables apply

2) Your PAYE is worked out with and without the bonus and then the difference is the additional tax.


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