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What is the taxable mount for an employee per month and per year?

Posted 25 June 2015 under Tax Questions



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Angel says:
22 June 2015 at 14:28

What is the amount that is taxable for an individual per year? If your total income for the just ended tax year was R121 418. Do you qualify for a tax refund if your tax was submitted on your behalf by your company?

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TaxTimTaxTim says:
22 June 2015 at 14:49

The threshold where taxpayers start paying tax is R70 700 per year. You do not automatically qualify for a refund, it depends on your circumstances. Please make use of our Tax refund calculator to see if you are possibly due a refund.


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