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How much post-tax funds will I have after retrenchment?

Posted 29 July 2015 under Tax Q&A


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Concerned says:
30 June 2015 at 9:37

How much tax will I pay on R1,030,935 severance package due to retrenchment? This excludes my provident fund, which I will move to a preservation fund or RA.

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TaxTim TaxTim says:
30 June 2015 at 10:04

Please make use of our Lump sum calculator to work out the tax owing to SARS.


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Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

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