Tax with bonus?

By Marc Sevitz · Updated

If you earn R5500 a month and in December you get bonus of R5500 as well as your pay for that month. How do you work out how much tax you pay.
TaxTim Marc

TaxTim Marc said:
14 December 2013 at 9:41

There are two methods, the most common being that the bonus us added to the monthly income and applied against the tax tables which results in higher tax, but a refund when you file your return. Otherwise your employer will work out your average tax rate and apply it against the bonus.
Sniper

Sniper said:
14 December 2013 at 9:53

How do I file a tax return?
TaxTim Marc

TaxTim Marc said:
18 December 2013 at 9:07

You can begin the process by ?registering for SARS eFiling and following the simple steps to complete your return.