Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Dates and Deadlines in your Inbox
 

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

Retirement tax free?

Posted 25 June 2015 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Stu says:
19 June 2015 at 14:33

I retired in 2012 when the tax free tables for retirement was at 315 000 I now have a retirement annuity that matures in 2015. The 2015 tax tables say that I should have an additional 185000 available to me? is this true?

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

TaxTimTaxTim says:
21 June 2015 at 17:58

If you did not withdraw the amount on retirement and left it in the fund then yes this will be applicable to you.


Get SARS Tax Dates and Deadlines in your Inbox
 

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 →