Salary & Income Tax Calculator
PART 1 - Enter your earnings & deductions
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Enter your basic monthly salary amount.
Basic Monthly Salary
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Enter your monthly travel allowance amount.
Travel Allowance
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Enter the total for any other monthly salary allowances.
Other Allowances
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Enter your annual bonus amount if not included in the other monthly salary amounts.
Annual Bonus
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Enter your monthly pension, provident and retirement annuity contribution (employee only).
Pension Deduction
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Enter your number of medical scheme dependents including yourself.
Medical Dependents
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Select the appropriate age category.
Your Age
PART 2 - View your annual income tax calculation results
Taxable Earnings:
Rand
Basic Salary
360,000
Travel Allowance (only 80%)
0
Other Allowances
0
Annual Bonus
30,000
Total Taxable Earnings
390,000
Less: Taxable Pension
0
Taxable Income
390,000
Total Taxation
83,407
Less: Rebate
17,235
Less: Medical Tax Credits
0
Annual Tax Payable
66,172
Income Tax %
17.0%
PART 3 - View your monthly salary calculation results
Earnings:
Rand
Basic Salary
30,000
Travel Allowance
0
Other Allowances
0
Gross Pay
30,000
Deductions:
Income Tax (PAYE)
4,783
Unemployment Insurance (UIF)
177
Pension Fund
0
Total Deductions
4,960
Net Monthly Pay
25,040
PART 4 - View your annual bonus payment
Annual Bonus
30,000
Less: Tax On Bonus
8,775
Less: UIF On Bonus
0
Net Annual Bonus
21,225
FREE INCOME TAX CALCULATOR BY
Excel-Skills.com