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What is the tax threshold for provident fund payouts?

Posted 23 June 2015

Malcolm says:
17 June 2015 at 19:40

I had 2 lump sum payouts ,company shares and provident fund pay,and I was taxed on both occasions, plus I was taxed on PAYE. I'm a bit confused. What is the tax threshold on provident fund and the shares payouts? The total for the lump sum was R200 000

TaxTim TaxTim says:
17 June 2015 at 22:47

The share payout will be subject to normal PAYE along with your salary. The provident fund is subject to the tables as per our Lump sum calculator

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