UPDATE: The South African Tax Spreadsheet Calculator for 2016/ 2017 at the 2016/ 2017 tax tables page. – NOW AVAILABLE
We have released a free copy of the South African Tax Spreadsheet Calculator 2013/ 2014.
Using the new tax tables (see adjacent) we have provided the ability to enter your age category and salary and the spreadsheet will automatically calculate your taxes and the appropriate rebates based on your age.
As an added extra we have also included a comparative section to show the impact of declaring company profits as a salary/ bonus or as a dividend given the various company taxes. Makes for interesting analysis.
It seems the sweet spot is at about a salary of R 500 000 which means that the rate on salary and effective tax rate is about the same.
To download the Tax Calculators (2013, 2014 and 2015) subscribe to our newsletter. You are welcome to unsubscribe if we can’t help you but we guarantee that the Excel tips and tricks we provide will save you hours in your normal workday
Please fill in your details below to receive the free monthly Audit Excel newsletter which covers free Excel tips tricks and shortcuts.
Please fill in your details below to get regular Excel tips and tricks and a free Quick Reference Download!
The date format of MMDDYYYY is a potential problem for many people the world round. The main reason for this is that most people don’t understand how Excel handles dates. But first the background. Who uses MMDDYYYY Per Wikipedia the … Continue reading
The recent Marks & Spencer spreadsheet blunder will inevitably lead to more questions about the use of spreadsheets. In this podcast from the Financial Times, Lisa Pollack reports on the latest attempts to make spreadsheets more formal and professional. Listen to the … Continue reading
“Data accuracy and consistency has improved dramatically across Absa Capital, so much so that it has become compulsory within certain areas for all staff to complete Adrian’s Data Analyses Spreadsheet Techniques course.”– Absa Capital