Try the Two-Pot Withdrawal Tax Calculator Widget
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
- 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.
- 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.
- 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.
- 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
| Parameter | Values | What it does |
|---|---|---|
theme | auto, light, dark | Default follows the reader's own system setting, so the widget looks right on a dark site and a light one without you choosing. |
accent | Six hex digits, e.g. accent=1A56DB | Recolours the header bar and the primary button to match your brand. |
header | 1 or 0 | Set to 0 to hide the title bar when your page already has a heading above the widget. |
breakdown | 1 or 0 | Set to 0 to hide the calculation breakdown for a more compact block. |
corners | 1 or 0 | Set to 0 for square corners if your design has no rounding anywhere else. |
width | full | Removes 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/two-pot-withdrawal-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 Two-Pot Withdrawal Tax Calculator
The two-pot system lets South Africans withdraw from the savings component once a year, and the tax on it is at the marginal rate, not a flat figure. The widget takes the withdrawal and the reader's other income and returns the tax and the net amount in hand. Retirement fund pages, payroll content and personal finance sites covering two-pot can embed it where the rule is explained.
What the widget calculates
Two-Pot Savings Pot withdrawals are added to your taxable income for the year and taxed at your marginal income tax rate, they are NOT taxed under the retirement lump sum withdrawal table.
Enter your annual taxable income (before the withdrawal) and your withdrawal amount, and the calculator shows the tax specifically attributable to the withdrawal and your net payout.
The embedded version keeps the inputs and the result. The full Two-Pot Withdrawal 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
- Securities Transfer Tax Calculator WidgetSecurities Transfer Tax Calculator
- Severance and Retrenchment Tax Calculator WidgetSeverance and Retrenchment Tax Calculator
- Provisional Tax Calculator WidgetProvisional Tax Calculator
- Marginal Tax Rate Calculator WidgetMarginal Tax Rate Calculator
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.