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EFFECTIVE DATE 2012.06.08 Reminder: To allow the medical scheme fees tax credit (rebate) in respect of employees below 65 years WEEKLY DEDUCTION TABLES Remuneration Annual Equivalent Tax Remuneration

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What is weekly tax deduction tables?

Weekly tax deduction tables are charts or schedules provided by tax authorities that assist employers in calculating the amount of tax to be withheld from an employee's wages each week.

Who is required to file weekly tax deduction tables?

Employers are required to file weekly tax deduction tables in order to accurately withhold the correct amount of taxes from their employees' wages.

How to fill out weekly tax deduction tables?

To fill out weekly tax deduction tables, employers need to input information such as employee's filing status, number of allowances, and any additional withholding amounts.

What is the purpose of weekly tax deduction tables?

The purpose of weekly tax deduction tables is to ensure that employers withhold the correct amount of taxes from their employees' wages, based on factors such as filing status and number of allowances.

What information must be reported on weekly tax deduction tables?

Weekly tax deduction tables must include information such as employee's name, social security number, filing status, number of allowances, and any additional withholding amounts.

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