Bonus taxed also

By Evan Robinson · Updated

Mvula

Mvula said:
4 August 2015 at 17:53

Is the 13th cheque also taxed, and if so by how much?
TaxTim Evan

TaxTim Evan said:
4 August 2015 at 20:15

Yes, it is added to your total income and then you are taxed per the normal tax tables for individuals. i.e. it is taxed in the same way as your salary.
Mvula

Mvula said:
5 August 2015 at 16:36

Are they taxing it on monthly basis, or when it's given to you?
TaxTim Evan

TaxTim Evan said:
5 August 2015 at 17:55

It will be taxed in the month it is paid to you.