What is the tax on performance bonus?By Marc Sevitz · Updated 8 October 2013If I earn R20 000 per month and receive a performance bonus of R10 000, how will my tax be calculated? TaxTim Marc said:8 October 2013 at 13:54Please use our SARS income tax calculator to determine your monthly salary with the bonus.Salary / IRP5
If I earn R20 000 per month and receive a performance bonus of R10 000, how will my tax be calculated? TaxTim Marc said:8 October 2013 at 13:54Please use our SARS income tax calculator to determine your monthly salary with the bonus.