tax applied to earning in dollars
im thinking of working abroad and will be paid in dollars but i first want to find out how much tax i will be paying?
and when does supertax apply and how much is it ?
If you are a South African citizen or resident, and work abroad, you will be required to submit your tax returns and pay your taxes to SARS, calculated in rands. The amount depends on your income, and ranges from 18% of your taxable income to 41% for the top income earners.
Supertax is simply the idea that the tax rate will be increased for the rich to fund the poor. But as things stand nothing of that sort has been implemented.