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What is the tax amount

Posted 1 March 2016 under Tax Q&A


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Manie says:
29 February 2016 at 8:28

I work for Government and turn 60 on 20-3-2016 and want to go on pension - what will be my best option and what will my tax be on my lump sum of R1 326 018 and monthly pension annuity of R 29 928

What will my tax be on my resignation benefit of R 4 675 300

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

TaxTim TaxTim says:
1 March 2016 at 0:35

Please make use of our Lump sum calculator to work out the amounts. Do you have both a retirement and pension fund?


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Let TaxTim
help you
submit your
Tax returns!


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!

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