Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
R 20 063
PAYE (Pay As You Earn)
- R 2 341
UIF (Unemployment Insurance Fund)
- R 177
Total tax
- R 2 518
Net pay
* R 17 545
Marginal tax rate
26.0%
Average tax rate
12.6%
87.4%
Net pay
12.6%
Total tax
Total tax
Net pay
The Taxberg
R 17 545
Net pay
R 378
Tax the employer pays
R 2 518
Tax you pay
Total tax paid
R 2 896
Did you know your employer also pays tax on your salary? It costs the employer R 378 to pay you R 20 063. In other words, every time you spend R 10 of your hard-earned money, R 1.44 goes to the government.
Real tax rate
14.2%
So, with you and the employer both paying tax, what used to be a 12.6% tax rate now rises to 14.2%, meaning your real tax rate is actually 1.6% higher than what it seemed at first.
Summary
If you make R 240 756 a year living in South Africa, you will be taxed R 30 217. That means that your net pay will be R 210 539 per year, or R 17 545 per month. Your average tax rate is 12.6% and your marginal tax rate is 26.0%. 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 26, hence, your net pay will only increase by R 74.
Bonus Example
A R 1 000 bonus will generate an extra R 740 of net incomes. A R 5 000 bonus will generate an extra R 3 700 of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
ZAR 215 578
10.5%
1
Canada
ZAR 183 033
24.0%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
ZAR 220 803
8.3%
1
Guatemala
ZAR 217 671
9.6%
2
Ecuador
ZAR 217 319
9.7%
3
Colombia
ZAR 217 229
9.8%
4
Costa Rica
ZAR 215 477
10.5%
5
Panama
ZAR 211 896
12.0%
6
Mexico
ZAR 198 294
17.6%
7
Chile
ZAR 197 470
18.0%
8
Uruguay
ZAR 191 825
20.3%
9
Peru
ZAR 187 780
22.0%
10
Brazil
ZAR 187 329
22.2%
11
Argentina
ZAR 156 366
35.1%
12
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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.