Is leave payout taxable?

By Nicci Courtney-Clarke · Updated

G.K.Sankaran

G.K.Sankaran said:
31 March 2016 at 16:31

This is regarding Leave Encashment. Is it taxable in South Africa? If yes, what is the percentage of tax deduction? If it is taxable, how can we get a refund?
TaxTim Nicci

TaxTim Nicci said:
31 March 2016 at 16:42

Yes, this will be added to your normal income and taxed as per the normal tax tables.