Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

If you get a a lump sum payment, for example as a trustee, in a form of remuneration what is the tax

Posted 17 May 2013 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
How is that amount taxed, e.g you get paid R500 000 as a remuneration a once off payment.

This entry was posted in Tax Questions and tagged . Bookmark the permalink.

TaxTimTaxTim says:
17 May 2013 at 14:05

If it is for remuneration then you would be taxed as a normal taxpayer. This amount would be added to all your other income and taxed according to the tax tables.


Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →