Do your Tax with TaxTim and WIN R10,000 More info T&C's apply

If e.g. an amount of R1.2m is withdrawn from pension is the R203400 added to the last tax portion?

Posted 19 February 2016

Ikes said:
18 February 2016 at 21:04

What does R203 400 36% mean in the pension withdrawal tax table?

TaxTim Marc said:
19 February 2016 at 14:12

Please make use of our Lump sum calculator to work out tax payable on your pension withdrawal

This entry was posted in Tax Q&A and tagged Salary / IRP5, Retirement. Bookmark the permalink.

Blog Categories

Salary / IRP5 (4,706 posts)
Independent Contractor (999 posts)
Provisional Tax (676 posts)
Medical (968 posts)
Capital Gains (409 posts)
Donations (247 posts)
Deductions (3,828 posts)
Commission (1,056 posts)
Rental Income (974 posts)
Retirement (1,045 posts)
Dividends (1,047 posts)
Depreciation / Wear and Tear (354 posts)
Penalties (785 posts)
Travel Allowance (771 posts)
Audit / Verification (2,677 posts)
Tax Threshold (497 posts)
Foreign employment income (204 posts)
SARS & eFiling (2,111 posts)
Company Tax (2 posts)
Foreign Investment (1 posts)
PAYE & UIF (54 posts)
Source Code (2 posts)
Foreign Income (2 posts)
TaxTim in the Media (1 posts)
Tax Tables (3 posts)
Financial Literacy Series (3 posts)
Top 5 Weekly Questions (1 posts)
Cryptocurrency (3 posts)
Residency (1 posts)
Auto-Assessments (1 posts)

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.