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Tax deduction on bonus

Posted 15 March 2016

Eddie said:
14 March 2016 at 2:19

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

TaxTim Marc TaxTim Marc said:
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 said:
14 March 2016 at 22:29

Very helpful

TaxTim Marc TaxTim Marc said:
15 March 2016 at 9:05

Glad we could assist!

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