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What is the tax on my incentive bonus?

Posted 17 March 2016

Lucky says:
16 March 2016 at 1:56

I am going to get R2,400 of incentive bonus and I want to know how much tax is going to be deducted from it.

TaxTim TaxTim says:
16 March 2016 at 10:59

What is your monthly salary?

Lucky says:
16 March 2016 at 23:20

Is R11,868 thousands, thanks.

TaxTim TaxTim says:
17 March 2016 at 17:07

Please make use of our SARS income tax calculator to work out what the tax with the bonus and without the bonus is.

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