Do you pay tax on leave pay outs?

By Marc Sevitz · Updated

Cinnamon

Cinnamon said:
27 August 2015 at 17:19

An employee wants us to pay out 10 days' leave? Is it taxable?
TaxTim Marc

TaxTim Marc said:
28 August 2015 at 9:33

Yes the leave will be taxable at the standard PAYE rates, you would need to work out what his tax would be with the leave pay and without it and the difference would be the taxable amount withheld.