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Tax on leave money

Posted 8 December 2015

Rene said:
8 December 2015 at 9:28

My staff wages is payable fortnight - do I deduct tax on their annual leave money?

TaxTim Marc TaxTim Marc said:
8 December 2015 at 16:56

It depends whether or not they earn over the annual tax threshold which is currently R73,650 per annum.
Please make use of our SARS income tax calculator to see tax due on their annual ages.

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