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


Tax on lump sum



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?

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.

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




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!

Get started

Blog Categories


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.