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Gabs said: 3 March 2016 at 7:20 If I resign from GEPF what is the tax on R2100000? I started contributing in 1984 for 32 years. |
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TaxTim Nicci said: 3 March 2016 at 9:16 Please make use of our Lump sum calculator to work out what your take home and tax will be. |
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Gabs said: 3 March 2016 at 9:34 This calculator only works for retirement not resignation from GEPF. There is apparently a tax free portion from 1984 till 1998? Were can I find this information? Should I approach SARS? |
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TaxTim Nicci said: 6 March 2016 at 18:15 When it comes to amounts earned before 1998 as a lumpsum then it may be best to call SARS as they would need to apply a different formula to this calculation. |
