How to pay less tax on your bonus?

Contributions to retirement annuities are tax deductible. That means that the amount of money you contribute to your retirement annuity reduces your taxable income. As a result, you pay less tax. Congrats. You got a bonus. Find out how much tax you will pay on your bonus with the Bonus Tax Calculator.

• You got a bonus.
• If your income exceeds the tax thresholds, then you will need to register as a tax payer with SARS.
• Find out how much tax you will pay on your bonus with the Bonus Tax Calculator.
• Congrats.
• As a result, you pay less tax.

How to work out how much tax you will pay on your bonus? (manually)

• Find out how much tax you will pay on your bonus with the Bonus Tax Calculator.
• If your income exceeds the tax thresholds, then you will need to register as a tax payer with SARS.
• Contributions to retirement annuities are tax deductible.
• You got a bonus.
• That means that the amount of money you contribute to your retirement annuity reduces your taxable income.

If your income exceeds the tax thresholds, then you will need to register chicken road as a tax payer with SARS.