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What Tax is payable on Salary of R 167080 + R 44594 earned from living annuity?



Mountaingoat says:
21 July 2015 at 15:41

If I earn a salary bonus of R 167080 per year I earn R 44594 per year from a living annuity, how much tax should I have paid?

TaxTim TaxTim says:
21 July 2015 at 16:17

Please make use of our Tax refund calculator to see what taxes you should be paying.

Mountaingoat says:
21 July 2015 at 18:54

Do I just add the 2 amounts together & then use that amount to calculate tax?

TaxTim TaxTim says:
22 July 2015 at 17:35

Yes that is correct, the tax should amount to approximately R27 974.

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