Jukes says: 4 April 2016 at 14:02 Tax payer is turning 65 during 2017 tax year end. Employer pays 3% provident fund and employee pays 6% per month. Employer pays 50% of medical aid, employee pays 50%. Cash component is R35,500, provident is R2,136, paid and R1,068 by employer. Medical aid is R3,918 each way. Need to know what tax to be paid per month? |
TaxTim says: 4 April 2016 at 14:07 You can make use of our SARS income tax calculator to work out what the tax would be on R37 282 and then make use of the Medical Tax Credits Calculator to work out what you will deduct from the PAYE. |