Home › Trading Widgets › Severance and Retrenchment Tax Calculator Widget

Severance and Retrenchment Tax Calculator Widget

Work out the tax on a retrenchment package using the severance benefit table, and see what is left after the R550,000 lifetime exemption. Copy one line of HTML and it runs inside your page, free, with no sign-up and no tracking of your readers.

⚡
One lineNothing to install
🛡️
No trackingOf you or your readers
🆓
FreeCommercial use allowed

Try the Severance and Retrenchment Tax Calculator Widget

Live previewThis is exactly what your readers will see

Free for any site, including commercial ones. Keep the small credit line at the bottom of the widget so readers can find the full version. Nothing is stored about the people who use it. See the disclaimer.

How to add it to your site

  1. Copy the code Use the copy button in the Embed code box so nothing is lost to line wrapping. It is a single iframe tag and it does not need anything else.
  2. Open the page you want it on In WordPress add a Custom HTML block, in Wix use the Embed HTML element, in Squarespace use a Code block, and on a hand-built site paste it straight into your HTML.
  3. Paste and publish The widget appears immediately. If you see an empty space instead, your editor has stripped the iframe tag, which the HTML embed guide explains how to work around.
  4. Adjust the look if you want to Add the parameters in the table below to the iframe URL to change the theme, the accent colour or the height. Nothing needs to be configured on our side.

Customisation options

ParameterValuesWhat it does
themeauto, light, darkDefault follows the reader's own system setting, so the widget looks right on a dark site and a light one without you choosing.
accentSix hex digits, e.g. accent=1A56DBRecolours the header bar and the primary button to match your brand.
header1 or 0Set to 0 to hide the title bar when your page already has a heading above the widget.
breakdown1 or 0Set to 0 to hide the calculation breakdown for a more compact block.
corners1 or 0Set to 0 for square corners if your design has no rounding anywhere else.
widthfullRemoves the 520px maximum so the widget stretches to its container.

Parameters are added to the iframe URL as a normal query string, for example /embed/severance-tax-calculator.html?theme=dark&accent=1A56DB&header=0. The widget builder lets you set all of them visually and hands you the finished code.

Why embed the Severance and Retrenchment Tax Calculator

Retrenchment packages are taxed on a separate table that most readers only meet once. The widget applies the severance benefit table and the lifetime exemption to a package and shows the tax and the net amount. HR sites, labour law pages and personal finance content on job loss can put the current table under the explanation.

What the widget calculates

A severance benefit is taxed on its own table rather than at your marginal rate, and the first portion is exempt. That table is shared across your lifetime with retirement lump sums, so a previous withdrawal reduces what is left.

Many people receive a retrenchment package and immediately consider using it to start trading. Knowing the after-tax figure first, and how much of the lifetime exemption it consumes, changes that decision.

The embedded version keeps the inputs and the result. The full Severance and Retrenchment Tax Calculator on TradeAnswers adds worked examples, the method behind the numbers and a long FAQ.

Who this widget suits

Tax and accounting blogs

Readers can check their own figures against the current SARS rules where they read about them.

Payroll, HR and small business sites

A working South African tax tool inside a help page saves a support question.

Personal finance sites

A tool with the current year built in is more useful than a table that goes stale.

Related widgets

The full library of free trading widgets has more than a hundred tools, and the widget builder lets you preview and configure any of them before you copy the code.