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Request the actual percentage PAYE normally taken by SARS on Bonuses

Posted 7 April 2016 under Tax Questions



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Boboza says:
6 April 2016 at 14:17

How much percentage does tax take on bonuses

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

TaxTimTaxTim says:
7 April 2016 at 13:26

There are two ways in which your payroll department could use to work it out:

1. The bonus will be added to your salary and taxed per the tax tables at your marginal rate of tax or,

2. Tax is worked out as if there was no bonus and then worked out with bonus (both at an annual amount) and then the difference is the tax on bonus.

Please make use our SARS income tax calculator to assist with your calculations.


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