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When getting bonus, how tax is calculated/

Posted 11 March 2015

Morning Tax Tim, I want to know if I'm earning about 84000/pa do I have to pay tax? also when I'm getting bonus in December how do you calculate the tax as I'm getting double my salary.

TaxTim Marc TaxTim Marc said:
13 March 2015 at 11:59

You would need to pay tax yes, please make use of our SARS income tax calculator to determine how much your tax will be, including the income from the bonus.

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