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WHAT IS THE TAX ON PACKAGE AND 1/3 PENSION

Posted 30 July 2015 under Tax Q&A


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Leon says:
30 July 2015 at 16:05

I am 51 yrs old. I took the Volentary Early Retirement Package. The package is R500. 000 and my 1/3 is R1mil. What will my tax be and with what will I be left over?

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TaxTim TaxTim says:
30 July 2015 at 16:30

Please make use of our lumpsum calculator to work out your tax on retirement.


Lump sum calculator


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Need help
submitting your
Tax returns?


TaxTim will help you:

 Do Your Tax Return Easily
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 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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