Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Single versus married benefits, whats the difference?



Gg says:
21 March 2016 at 12:42

If you are single, you pay more taxes. How does this affect your payout on resignation? Do you get a lesser payout than your counterpart who is married? By rights, your pension benefits should actually be higher than that of someone who is married and retires with the same amount of years service??? Ie. 20yrs???
Gg

TaxTim TaxTim says:
22 March 2016 at 12:54

All individuals are taxed in the same way per the tax tables whether they are single or not. Your marital status therefore will not affect the amount of tax that you pay.

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.