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R7500 SALARY BONUS R4000 WHAT TAX WILL I PAY

Posted 6 January 2016

Lee says:
5 January 2016 at 16:04

My monthly salary is R7500 I am 54 years old, I am getting a bonus of R4000 the end of January 2016 month, please advise that my take home amount will be after tax

TaxTim TaxTim says:
6 January 2016 at 12:16

If the employer calculates the bonus correctly then the tax should only be an additional R720.

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