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Stian says: 11 August 2015 at 11:07 If I get a lump sum of R110 000 how much tax will I pay? How do I pay the tax only next year or can I pay it when I get it? |
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TaxTim says: 11 August 2015 at 17:06 Please make use of our lumpsum calculator to work out the tax you will pay. Lump sum calculator Whoever is paying you the lumpsum (i.e a Retirement Fund or your employer) will have to apply for a Tax Directive from SARS and then the lumpsum will be paid to you after paying the tax to SARS. |
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Stian says: 11 August 2015 at 20:23 thanks so much! |
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TaxTim says: 11 August 2015 at 22:20 Only a pleasure! |
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