Tax on contract work? By Marc Sevitz · Updated 5 March 2014When working for a company on a month contract, how should the tax deducted from your salary work? Only deduct for the month or work it out for the year? TaxTim Marc said:5 March 2014 at 22:24You should have 25% deducted as PAYE.Salary / IRP5Deductions
When working for a company on a month contract, how should the tax deducted from your salary work? Only deduct for the month or work it out for the year? TaxTim Marc said:5 March 2014 at 22:24You should have 25% deducted as PAYE.