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Tax deduction on bonus

Posted 15 March 2016

Eddie says:
14 March 2016 at 2:19

What percentage is taken from my incentive bonus of every three months.

TaxTim TaxTim says:
14 March 2016 at 10:16

Your bonus will be added to your normal salary and taxed using the same tax tables at your marginal rate of tax.
Please make use of our SARS income tax calculator to work out tax payable on your annual earnings.

Eddie says:
14 March 2016 at 22:29

Very helpful

TaxTim TaxTim says:
15 March 2016 at 9:05

Glad we could assist!

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