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On a leave payout of R9692,29 how much tax is to be deducted?

Posted 21 January 2016 under Tax Questions



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Tornado says:
21 January 2016 at 1:01

My employer has decided to pay for my leave as I have resigned and the leave amount is R9692,29, how much tax is going to be decided on this amount?

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TaxTimTaxTim says:
21 January 2016 at 14:04

The leave pay will be added to your salary and taxed at your marginal rate of tax.


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