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How much will my pension fund lump sum be taxed upon resignation on e.g R200 000

Posted 18 August 2015 under Tax Q&A


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BB says:
18 August 2015 at 12:42

I am resigning from a government position and I am taking my pension payout as a lump sum. I was told that the full amount will be taxed. I would like to find out what the tax percentage will be?

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

TaxTim TaxTim says:
18 August 2015 at 14:37

Please make use of our lumpsum calculator to work out the tax you will have to pay.
Lump sum calculator


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help you
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 Avoid penalties
 Maximise your refund

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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.

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