Income tax calculator South Africa
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
R 1 571 952
PAYE (Pay As You Earn)
- R 692 257
UIF (Unemployment Insurance Fund)
- R 177
Total tax
- R 692 434
Net pay
*
R 879 518
Marginal tax rate
45.0%
Average tax rate
44.0%
56.0%
Net pay
44.0%
Total tax
Total tax
Net pay
The Taxberg
R 879 518
Net pay
R 15 897
Tax the employer pays
R 692 434
Tax you pay
Total tax paid
R 708 331
Did you know your employer also pays tax on your salary? It costs the employer R 15 897 to pay you R 1 571 952. In other words, every time you spend R 10 of your hard-earned money, R 4.51 goes to the government.
Real tax rate
44.6%
So, with you and the employer both paying tax, what used to be a 44% tax rate now rises to 44.6%, meaning your real tax rate is actually 0.6% higher than what it seemed at first.
Summary
If you make R 18 863 424 a year living in South Africa, you will be taxed R 8 309 213. That means that your net pay will be R 10 554 211 per year, or R 879 518 per month. Your average tax rate is 44.1% and your marginal tax rate is 45.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of R 100 in your salary will be taxed R 45, hence, your net pay will only increase by R 55.
Bonus Example
A R 1 000 bonus will generate an extra R 550 of net incomes. A R 5 000 bonus will generate an extra R 2 750 of net incomes.
NOTE* Withholding is calculated based on the tables of South Africa, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.