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Tax on bonus with SARS

Posted 23 June 2015 under Tax Questions



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Anonymous says:
26 May 2015 at 3:04

I am employed by the government and want to know if there is an option where u pay tax annually? And if I am paying monthly should my bonus be taxed. I earn 15250 per month.

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TaxTimTaxTim says:
26 May 2015 at 22:54

Your employer needs to deduct the tax monthly if you are salaried employee. Your bonus will be taxed yes. You can make use of our SARS income tax calculator to see if you are paying the correct tax.


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