Hi guys , thanks for stopping by, here is your time stamp: 00:00 Acting Principal salary 02:38 Deputy principal salary 04:25 Deputy principal salary (Private School 05:24 Deputy principal salary 06:35 HOD Salary 07:00 Teachers Salary 07:39 Principal salary 09:57 Principal salary Please like the video.
the reason of the Acting Principal getting a basic of +30K is because she is getting a Deputy Principal Salary not principal, then with the acting allowance on the side. Here is why the tax of the allowance is high. they have tax her based on a north of both salaries the basic and allowance hence t is 10k. on the other hand the last principal who is new is getting +30k because he is a PL2 Principal. PL3 Principal will get +45K and PL4 +60K and learner based, hence that principal with +60K salary was hiding. there is a maximum number learners that if you exceed you get an allowance for each learner in a school. that is why outside Gauteng Principal X will have a lot of learners overcrowded, while Principal Y has a low number. I am a Deputy Principal by the way with more than 2years.
Hi, the differences in taxable income is most likely due to pension fund benefits and contract. Someone who contribute 3% vs someone who contributes 27% is very big. When you pay tax you give your money to government when you put it into you pension fund you give it to you future self
The tax on the R28k payslip is higher because it is tax on total income and not just the acting allowance. So you if add the normal pay + pretend pay and the tax on both should workout roughly the same as a person earning that as a single income.
Hi Sis Bonie, thank you so much for all that you do..I hope you know how important it is in shaping our people's future. Can you please do one for someone in the M&E (monitoring &evaluation) space. Thank you.
The acting allowance is paid on a supplementary salary run so the tax is always higher, it gets reconciled at the end of the tax year. It better to get an allowance to be aid on your normal salary run
Some acting principals do not get the acting allowance because they are normally given the latitude to hire a teacher or to get the acting renumeration.
Hi dear,Congratulations on your channel.Its informative.Im also a certified/qualified financial advisor.As for the tax or PAYE,I advise that they acquire a retirement annuity
That was for your round of the mill private schools Boni. You'd have chest pains if you saw the salaries of teachers in elite private schools (who teach STEM subjects and have PGCEs)
PL5 principals gross is more than R70 000,some PL5 principals get a notch of over R1 000 000 per year. take home varies from person to person because of medicals aid, tax and other deductions.
kanti how much is the startup of teacher's salary?, if a persons net salary is 22k in 2024 whereas she started working in 2021 and yet her Gross is 29k.....
The teacher 'salary is not a true reflection for someone who started working 2021. It should be less than that. Go and check promotional posts for teachers then you get the real figures of all levels.
The 63k one looks like it has bonus added. Paye for 63k is more than 16k excluding other deductions. My suspicion here is she pays tax bonus monthly so that she is not taxed for bonusl. But I confused is post level 4 earning 34000. Yhu hayi ayikho ke le.
I want to see more and also wish to see a post level 5 principal payslip with a combined school (grade R/1- 12) type of enrollment. Khona into engifuna ukuyibona
Teachers are under paid and its not fair, considering the amount of work that they do.
Do you know how long schools close? They knock off at 3 pm, that money is enough.
yeses
Hi guys , thanks for stopping by, here is your time stamp:
00:00 Acting Principal salary
02:38 Deputy principal salary
04:25 Deputy principal salary (Private School
05:24 Deputy principal salary
06:35 HOD Salary
07:00 Teachers Salary
07:39 Principal salary
09:57 Principal salary
Please like the video.
Deputy principal
the reason of the Acting Principal getting a basic of +30K is because she is getting a Deputy Principal Salary not principal, then with the acting allowance on the side. Here is why the tax of the allowance is high. they have tax her based on a north of both salaries the basic and allowance hence t is 10k.
on the other hand the last principal who is new is getting +30k because he is a PL2 Principal. PL3 Principal will get +45K and PL4 +60K and learner based, hence that principal with +60K salary was hiding. there is a maximum number learners that if you exceed you get an allowance for each learner in a school. that is why outside Gauteng Principal X will have a lot of learners overcrowded, while Principal Y has a low number.
I am a Deputy Principal by the way with more than 2years.
Hi, the differences in taxable income is most likely due to pension fund benefits and contract. Someone who contribute 3% vs someone who contributes 27% is very big.
When you pay tax you give your money to government when you put it into you pension fund you give it to you future self
Pension is taxable
The tax on the R28k payslip is higher because it is tax on total income and not just the acting allowance. So you if add the normal pay + pretend pay and the tax on both should workout roughly the same as a person earning that as a single income.
I was asking myself ukuthi why... Thought Sars was on some BS again
Hi Sis Bonie, thank you so much for all that you do..I hope you know how important it is in shaping our people's future. Can you please do one for someone in the M&E (monitoring &evaluation) space. Thank you.
The acting allowance is paid on a supplementary salary run so the tax is always higher, it gets reconciled at the end of the tax year. It better to get an allowance to be aid on your normal salary run
It's better if it can be reconciled later cos I did notice that it's higher than normal.
Good work my sister
I’ve subscribed
🙏💯
Some acting principals do not get the acting allowance because they are normally given the latitude to hire a teacher or to get the acting renumeration.
How does a teacher with 30yrs experience a master's degree and 3yrs in H O D position take home pay 22000 per month with only tax an pension deduction
Is not true
Hi dear,Congratulations on your channel.Its informative.Im also a certified/qualified financial advisor.As for the tax or PAYE,I advise that they acquire a retirement annuity
Thanks for sharing
Hi Sis Boni the acting allowance is not paid monthly anymore. That is acting allowance for 3 months.
Hhaw 😭that's so wrong.
20k deductions? Ngeke South Africa aint fair😢😢😢
Department of Education is really playing games here.. yoh...
Please encourage teachers hired by governing bodies and private schools. You’re likely to be even more disappointed in those salaries 😢
I've made a video in private school teachers
That was for your round of the mill private schools Boni. You'd have chest pains if you saw the salaries of teachers in elite private schools (who teach STEM subjects and have PGCEs)
PL5 principals gross is more than R70 000,some PL5 principals get a notch of over R1 000 000 per year. take home varies from person to person because of medicals aid, tax and other deductions.
I wish I could see the payslip.
Principal salary depends on the school roll
Indeed Principal(P5) is the highest with learners enrolment of 1000+. most schools learners are below this number.
Unilever pays well. Senior manager WL2C grade with 4 team members reporting into to. Base pay 95000 and cost to company 1.6 million rand
Tax also looks at things like medical aid, her tax is less due to the medical aid
The R63K, salary has a bonus or some allowance, based on the deductions, those deduction r too little for R63K
Mmmm
Hi Boni !! I love your videos !! Can you please make a video about chemists 🫶🏼🫶🏼
Analytical?
@@liferesetwithboni Yess please❤️
kanti how much is the startup of teacher's salary?, if a persons net salary is 22k in 2024 whereas she started working in 2021 and yet her Gross is 29k.....
Here is a video on teachers salaries .
ua-cam.com/video/0gB-eskq9Qw/v-deo.htmlsi=AGGairIoAgY5PUDm
The teacher 'salary is not a true reflection for someone who started working 2021. It should be less than that. Go and check promotional posts for teachers then you get the real figures of all levels.
@@spiritholinesscentre5335where can one check?
Eek!
Also saying that teachers are under paid 😭😭😭
GNU please give them increase
Hi Sis Boni I am also an HOD and my gross salary is the same as my basic. Not as high as that principal lol😂
Okay
Xa sele ndiphuzile kabangathi ndidlala ngabo xa ndibaxelela ukuba ndingarholela isikolo sonke ngenyanga nje enye
Why ugezele ebantwini?
How do we get those teacher jobs because we have been applying
You must do all nursing categories both public and private sector
I've done it before. Use search bar.
The 63k one looks like it has bonus added. Paye for 63k is more than 16k excluding other deductions. My suspicion here is she pays tax bonus monthly so that she is not taxed for bonusl. But I confused is post level 4 earning 34000. Yhu hayi ayikho ke le.
Iyarholisa le profession yam😊
🙏
Do they tax the money you get after completing your honours
I don't know
Yes decent ❤
Hey sis boni , I just wanna say I'm also studying teaching but I'm scarded of such a big amount in deductions 😭😭😭
You can't escape tax.
Deductions r for all salaries, even lawyers have deduction not just teachers
Good salary
How can we reach out to you for a business proposal?
Boni@liferesetwithboni.com
@@liferesetwithboni thanks
Hi sis, can you refer me to studies for a Librarian please!
Refer how?
Hai mina ngyamazi u principal ohola u R66k
Great
SMT asibone
Subonile?
I want to see more and also wish to see a post level 5 principal payslip with a combined school (grade R/1- 12) type of enrollment.
Khona into engifuna ukuyibona
Incane xhem😢
😆the laughter