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Want to know tax on R720 00 (lump sum) and R16200(salary)

Posted 23 June 2015 under Tax Q&A


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Moloko says:
10 June 2015 at 20:25

I an educator retiring early in June, who has worked for 27 years and 6 months. I want to know how much will be taxed from my lump sum payout (R720 000 ) and salary(R16200. 00)

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TaxTim TaxTim says:
11 June 2015 at 12:11

Please make use of our two calculators to work out the taxes on these amounts. SARS income tax calculator and Lump sum calculator


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help you
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TaxTim will help you:

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 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!

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