Financial Toolbox SA

South African tools for tax, property, vehicle, investing, and planning

Back to tools

Tools

Compare Tax and Investing Calculators

Compare South African tax and investing calculators side by side to evaluate scenarios, assumptions, and outcomes with live calculator values.

Comparison summary

Personal tax vs Contractor salary

Both calculators are in Tax. Use this view to compare outcomes, assumptions, and trade-offs side by side.

Calculator A focus

Personal Tax Calculator

Estimate personal income tax with monthly or annual income inputs, retirement contributions, UIF, and medical credits.

Calculator B focus

Contractor Salary Calculator

Estimate contractor take-home income after deductible expenses, retirement contributions, and personal tax.

Personal tax live values

Contractor salary live values

Tax

Personal Tax Calculator

Personal income tax estimate with monthly or annual views.

Personal Tax

Personal Tax Calculator

Estimate personal income tax with monthly or annual inputs, retirement contributions, UIF, and medical tax credits.

View mode

Quick select by percentage or max deductible

Annual take-home

R 424 352

17% effective tax rate

Annual tax

R 96 523

Retirement deducted

R 42 000

2027 tax year • 1 Mar 2026 to 28 Feb 2027

Net payR 424 352
PAYER 96 523
RetirementR 42 000
UIFR 2 125

Tax rates & brackets

2027 tax year1 Mar 2026 to 28 Feb 2027

Personal income tax brackets

Taxable incomeRateBase tax
Up to R 245 10018%R 0
R 245 101 to R 383 10026%R 44 118
R 383 101 to R 530 20031%R 79 998
R 530 201 to R 695 80036%R 125 599
R 695 801 to R 887 00039%R 185 215
R 887 001 to R 1 878 60041%R 259 783
Above R 1 878 60045%R 666 339

Tax

Contractor Salary Calculator

Contract income tax and take-home estimate.

Contractor Tax

Contractor Salary Calculator

Estimate take-home pay from contract income after deductible expenses, retirement contributions, and personal tax.

View mode

Quick select by percentage or max deductible

Estimated annual contract income

R 1 046 500

R 650 × 35h/week × 46 weeks/year

Annual take-home

R 605 639

24% effective tax rate

Annual tax

R 210 736

Taxable contract income

R 866 500

Income R 1 046 500 - expenses R 180 000

Retirement deducted

R 48 000

2027 tax year • 1 Mar 2026 to 28 Feb 2027

Net payR 605 639
PAYER 210 736
RetirementR 48 000
UIFR 2 125

Tax rates & brackets

2027 tax year1 Mar 2026 to 28 Feb 2027

Personal income tax brackets

Taxable incomeRateBase tax
Up to R 245 10018%R 0
R 245 101 to R 383 10026%R 44 118
R 383 101 to R 530 20031%R 79 998
R 530 201 to R 695 80036%R 125 599
R 695 801 to R 887 00039%R 185 215
R 887 001 to R 1 878 60041%R 259 783
Above R 1 878 60045%R 666 339

More tools

Explore other tools

View all