How is the tax incentive calculated?
Assuming qualification:
- Year One : Employee remuneration of :
- R2 000 or less - 50% of monthly remuneration
- R2 001 to R4 000 - R1 000
- R4 001 to R6 000 is based on a formula
- Year Two: The incentive is halved :
Its just my opinion.... Sharing thoughts, experiences and insights on business issues (and a few personal ones too)
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