What tax do I pay, PAYE and UIF, to get a net of R6500
By Marc Sevitz · Updated
UIF
Tax
Taxable income: R 6800 (R 81600 annually)
Tax you will pay / PAYE (Pay As You Earn) for your age group and income bracket: R 270.66 (as per PAYE tables provided by SARS)
Take home pay = Gross salary - PAYE - UIF
UIF / Unemployment Insurance Fund is levied at 1% of your taxable income, at most R148.72/month
Take home pay = R 6800 - R 270.66 - R 68
Take home pay: R 6461.34 :)
Should give you the net amount you want!
Tax you will pay / PAYE (Pay As You Earn) for your age group and income bracket: R 270.66 (as per PAYE tables provided by SARS)
Take home pay = Gross salary - PAYE - UIF
UIF / Unemployment Insurance Fund is levied at 1% of your taxable income, at most R148.72/month
Take home pay = R 6800 - R 270.66 - R 68
Take home pay: R 6461.34 :)
Should give you the net amount you want!