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Tax on incentive and bonus

Posted 23 November 2014 under Tax Questions

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If I earn R5 133 gross per month and I receive a incentive of R3900 and a 13th Cheque of R5133, will I pay Tax on incentive or bonus?

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

TaxTimTaxTim says:
23 November 2014 at 18:32

You will pay tax on the bonus yes. Make use of your SARS income tax calculator to calculate how much your overall tax will be on your entire income for the year.


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