FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Fund withdrawal - what are the tax implications?

Posted 4 November 2014

If I resign, how much tax would I pay on my provident fund withdrawal.

TaxTim Marc TaxTim Marc said:
4 November 2014 at 10:29

Please make use of our Lump sum calculator to determine the after tax amounts. You can reduce the withdrawal amount by the contributions you have made before calculating the tax.

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.





Submit your tax return right here!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.