FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Tax payable on Preservation Provident Fund before retirement

Posted 12 April 2016

Angelo said:
12 April 2016 at 12:09

Hi. If I have a Preservation Provident Fund ( -R1 444 594) and wish to do a once-off withdrawal of R580 000. 00. What will my tax liability be?

Born 1963.

TaxTim Alicia TaxTim Alicia said:
12 April 2016 at 12:49

Please make use of our Lump sum calculator to work out tax due prior to retirement at age 55.

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





Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

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.