How much tax do I pay on a gross salary of R75 000?
By Marc Sevitz · Updated
There is a note that says:" If the table is inadequate: Add R18,256 (under 65), R17,663 or R17,466 (over 75) to the result of [40% X (actual annual remuneration less R63,713]. Apply rounding to the end result by disregarding the cents."
That is a very complicated formula and actually is outdated by 2 years. You can make use of our SARS income tax calculator to calculate the taxes payable.
Thank you very much!! Much appreciated
Only a pleasure!