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What will my perk tax be?

Posted 20 August 2015 under Tax Questions



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ELMARI says:
18 August 2015 at 15:37

how do i determine perk tax on a vehicle of R250 000

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TaxTimTaxTim says:
18 August 2015 at 19:12

Do you receive a travel allowance or use of a company car?


ELMARI says:
19 August 2015 at 5:20

From the 1st Oct I will have full use of a company car of R250000 what will my tax be my annual salary is R300000 thank you


TaxTimTaxTim says:
20 August 2015 at 6:34

The fringe benefit will be R250 000 x 3.25% for 5 months which is R40625. You can add this to your annual salary and make use of our SARS income tax calculator to work out what the tax will be.


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