A salary calculation please.

R60,000 straight clears R40,000 after tax. so to clear R35,000 with medical aid, etc. you probably need R65,000 ctc.
 
From VIP I get the following:
Your side:
Salary R55864.93
Tax R18240.15 (Using average method)
UIF R124.78
Medical R2500
Net R35000

CTC:
Salary R55864.93
UIF R124.78
Medical R2500
Pension R3910.55
Total R62400.26

Hope that helps:).

I also wish I was in that bracket:o.
 
From VIP I get the following:
Your side:
Salary R55864.93
Tax R18240.15 (Using average method)
UIF R124.78
Medical R2500
Net R35000

CTC:
Salary R55864.93
UIF R124.78
Medical R2500
Pension R3910.55
Total R62400.26

Hope that helps:).

I also wish I was in that bracket:o.

Excellent info. Thank you very much and to all who responded.
 
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