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Is tax payable on a fund that was liquidated?

Posted 19 May 2014 under Tax Questions

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Our company was liquidated and we are now after almost two years we will receive our provident fund.
pay outs. Do we have to pay tax on it or is it tax free?

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

TaxTimTaxTim says:
20 May 2014 at 10:59

You will pay tax on the amounts subject to the special tax tables which can be found in our Lump sum calculator


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