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Tax implications on dread disease payout

Posted 3 November 2015

Ali says:
2 November 2015 at 8:49

With a Dread disease policy payout, will I have to pay tax on the amount paid out to me?

TaxTim says:
3 November 2015 at 9:41

No you will not, this amount will be free of tax.

Ali says:
3 November 2015 at 9:45

Thank you

This entry was posted in Tax Q&A and tagged Salary / IRP5. Bookmark the permalink.

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