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Tax on extra income

Posted 24 May 2015 under Tax Questions


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Esme says:
19 May 2015 at 16:15

I am a widower earning a monthly salary of R5500 p/m and have a fixed widow's pension - R5500. 00 p/m. Every year I get taxed and have to pay back - Is there any way I am doing something wrong that they tax me to pay back - R10000. 00 per year on assessment?

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TaxTimTaxTim says:
20 May 2015 at 10:37

The issue is that neither the company you work for or the pension fund know that you are earning additional income. Individually the total for the year falls below the tax bracket and therefore they don't deduct PAYE. However together it pushes you just over the bracket. Do you contribute or do you pay for any medical expenditure?


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