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If I work only half year does this affect my taxable income in eyes of SARS or maybe my tax rebate?

Posted 21 May 2014 under Tax Questions


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If I only worked half a year , how does this affect my tax calculation?

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

TaxTimTaxTim says:
21 May 2014 at 16:11

You are still taxed on your income for a full year regardless of having worked half a year. If your income exceeds the total amount for the 2014 tax year being R67 111 then you begin paying tax. However due to the way the monthly PAYE is calculated each month you are probably due a refund when you file.


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