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How do I calculate PAYE on annual bonus

Posted 9 December 2015 under Tax Q&A
PlumbingQueen says:
9 December 2015 at 9:17

How do I calculate PAYE on annual bonus

This entry was posted in Tax Q&A and tagged , . Bookmark the permalink.

TaxTim TaxTim says:
9 December 2015 at 12:21

The total taxable earning for the month including the bonuses should be grossed-up to 12 months and then the tax calculated on the annual amount, then divide the annual tax amount by 12 to arrive at the monthly tax amount.

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