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Tax on resignation from Provident Fund

Posted 23 February 2016

JULEZ says:
23 February 2016 at 15:59

What tax will be due on an amount of R138 500.00 when I resign from a Provident Fund?

TaxTim TaxTim says:
23 February 2016 at 23:01

Please make use of our Lump sum calculator to work out the tax. Remember to first take off all the contributions and then work out the tax on the balance.

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