Summary
Description
A manual tax calculation will allow you to confirm the calculation in your payroll application.
Resolution
Download the latest Excel tax calculator
NOTE: The South African tax tables are updated each tax year in March. Ensure to use tax calculator applicable for the specific tax year.
Access an employees TAX screen to view the tax calculation:
- From the Main Menu, select Payroll > Payslip Screen
- Select the employee code
- View the tax screen of the employee:
- Type in TAX in the routing block to access the TAX screen or
- from the screen menu select Payroll > Tax > Tax Information
The screen will display the details of the current calculation applied on your payslip.
For more details on the calculation, click on TAX CALC
TIP: The TAX CALC screen provides detailed information and the medical aid tax credit, not visible on the TAX screen
Download the manual PAYE calculator (Travel and Tax calculator) on the Sage Knowledgebase for the applicable tax year.
Complete the corresponding YTD+ fields values (indicated in green) on the Excel calculator.
Field to complete on manual PAYE calculator | Field from Employee's Tax screen |
Employee Age | Top right corner of the tax screen.
[M,Pr6.4a,R,SM00N,44] [031(Actual Days),30.4116/365(Tax factor)] Age: 44 Number of Days Worked: 30.4116 Days in Tax Year: 36 |
Number of Days Worked | |
Days in Tax Year | |
Year to Date Taxable Earnings | Normal Taxable Earnings |
Taxable portion of Reimbursve Travel Allowance | Taxable Value of Travel & PublicOffice Allowance |
Year to Date Fringe Benefits | Perks/Benefits (Excluding Private RA's) |
Provision for Tax on Annual Bonus | Provision for Tax on Annual Bonus |
Taxable Company Contributions | Taxable Company Contributions |
Tax Deductions | Tax Deductible Amount (Including Private RA's) |
Year to Date Periodic Earnings | Periodic Taxable Earnings |
Year to Date PAYE Paid | Total Tax deducted for the Year (Y) |
Year to Date Medical Scheme Fees Tax Credits | Click on TAX CALC, YTD+ Med Cred |
Year to Date Additional Medical Expenses Tax Credits | This value will be included in your Medical Scheme Fees Tax Credits |