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Possible change in provident fund laws?

Posted 6 January 2015 under Tax Q&A


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If I want to take out my provident fund in April 2015, will I be able to take out the full amount?

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TaxTim TaxTim says:
8 January 2015 at 9:10

Yes you will be able to take the full amount out of a provident fund, but you will be taxed according to the Lump sum calculator amounts.


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Do your
Tax Return in
20 minutes
or less!


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!

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