How to calculate tax on bonus
By Marc Sevitz · Updated
How is tax on bonus calculated?
It could be done in one of two ways:
1) added to your salary for the month and the SARS tax tables apply
2) Your PAYE is worked out with and without the bonus and then the difference is the additional tax.
1) added to your salary for the month and the SARS tax tables apply
2) Your PAYE is worked out with and without the bonus and then the difference is the additional tax.