What is the tax on my December bonus?

By Marc Sevitz · Updated 2 September 2014

What would the tax implication be on a bonus in December? My salary is R4950 pm.

TaxTim Marc said:
2 September 2014 at 13:13

How much is your bonus?

Tams said:
2 September 2014 at 13:28

Bonus is same as salary R4950 payable in December.

Regards

TaxTim Marc said:
2 September 2014 at 13:51

There will not be any tax on this amount as you still fall below the Tax Threshold of R70700.