What percentage tax do pensioners pay?
By Evan Robinson · Updated
If you earn a gross monthly pension of R40 000, how much tax do you pay?
What age are you?
There are additional tax rebates if you are 65 and over, as well as 75 and over.
There are additional tax rebates if you are 65 and over, as well as 75 and over.
Age 60 male. It's a voluntary separation package for early retirement, and after the payout my monthly pension is R40,000.
Please make use of our income tax calculator to work out the monthly tax you will pay. Your monthly pension income will be taxed at the same rate as per PAYE tables used for your normal monthly salary.