Net Income Calculator | Robson Savage

Net Income Calculator

Comparison of Pre 1 March 2016 and Post 1 March 2017 tax regimes

Input

Please fill out the shaded fields below to get your results
Age:

Current Contributions

Employer
%
R
Member
%
R
Total
%
R

 

  Old regime
Pre March 2016
(max 20% employer, 7.5% member)
New regime
Post March 2017
(lesser of 27.5% and R350,000)
Compared to old regime
Deductible contributions
R
R
R
Taxable income
R
R
R
Tax payable
R
R
R
Net income
R
R
R

 

  To achieve equality of take-home pay Compared to old regime
Total contribution rate
%
%
Total contribution amount
R
R
Deductible contributions
R
R
Taxable income
R
R
Tax payable
R
R
Net income
R
R