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Tax on retention bonus

Posted 19 January 2016

Robert says:
19 January 2016 at 12:40

How is retention bonus taxed. Say one is receiving R200 000 cash payout. How will this be calculated?

TaxTim TaxTim says:
19 January 2016 at 15:21

This would be subject to tax as normal, so included in your normal income and taxed as per the tax tables.

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