Overview

Capital
Pretoria
Currency
South African Rand
Date Format
dd/mm/yyyy

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Taxes

Employer
1.00% - Skills Developemnt Levy (SDL)
1.00% - Unemployment
Employee
18% - Up to 195,850
35,253 + 26% taxable income above 195,850 - 195,850 - 305,850
305,850 + 31% taxable income above 305,850 - 305,850 - 423,300
100,263 + 36% taxable income above 423,300 - 423,300 - 555,600
147,891 + 39% taxable income above 555,600 - 555,600 - 708,310
207,448 + 41% taxable income above 708,310 - 708,310 - 1,500,000
532,041 + 45% taxable income above 1,500,000 - Above 1,500,000

Minimum Wage

General
Minimum monthly wage is about 3,500 ZAR monthly (277 USD)

Working Hours

General
Full-time employmnet is considered 45 hours weekly, and 9 hours daily. * This amount is subject to contractual agreement, and oftentimes is less).
Overtime
Overtime is voluntary and must be agreed upon by employer and employee in advance. The max overtime allowance is 3 hours daily or 10 hours in one week.

VAT

General
15% standard rate.

Payment

Payroll Frequency
The salaries are paid on monthly basis for work done between the first and last day of the month. Employers are required to pay the wages by the end of the month.

Mandatory Benefits

Pension Fund
27.5% of workers wage is contributed to the pension funds.
Social Security
Employers contribute 2% of workers wages, while employees contribute 1% of their salary.

Termination

Termination Process
Employers who wish to terminate the employment of a worker must provide written notice, or payment in leiu. Notice period is dependent on seniorty in the company. >Under 6 Months: 1 week notice >6 months to 1 year: 2 weeks notice >Atleast 1 year: 4 weeks notice.
Advance Notice
Agreed with the employer prior to signing the employment contract.
Severance Pay
The severance payment is one week of regular wages per each year worked in the company.