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Does disability influence the tax calculation on lumpsum pension fund payout?

Posted 9 October 2015 under Tax Questions


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Bunny says:
8 October 2015 at 9:27

If I have been really receiving a disability income from my place of work, how does this affect my pension fund lump sum payout? Is disability taken into account when the lumpsum is taxed?

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TaxTimTaxTim says:
9 October 2015 at 7:13

Do you receive a monthly amount - do they provide you an IRP5?


Bunny says:
9 October 2015 at 9:32

I will be receiving a lumpsum pension fund around March 2016. I am receiving a monthly disability income currently to age 55 (Feb 2016)


TaxTimTaxTim says:
9 October 2015 at 19:15

It will not affect the tax on the lumpsum payout.


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