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Tax on lump sum

Posted 22 February 2016 under Tax Q&A


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Sissy says:
22 February 2016 at 9:35

I have resigned from a government institution and my pension contributions were R840 000 at the time of resignaion. How much will I be taxed on my lump sum?

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

TaxTim TaxTim says:
22 February 2016 at 12:20

Please make use of our Lump sum calculator to work out how much tax would need to be paid.


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help you
submit your
Tax returns!


TaxTim will 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!