FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Tax on divorce settlement

Posted 12 May 2016

Elle says:
11 May 2016 at 22:12

I would just like to know if I will be taxed on my divorce settlement?

TaxTim TaxTim says:
12 May 2016 at 9:38

You will only be taxed if the amount comes from any pension or retirement fund or if properties are sold then there will be CGT paid before being paid to you. However the actual divorce settlement is not taxable.

This entry was posted in Tax Q&A and tagged , , , . Bookmark the permalink.



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.