Do your Tax with TaxTim and WIN R10,000 More info T&C's apply

Tax on resignation benefit

Posted 8 February 2016

Mdu says:
6 February 2016 at 7:12

How much is tax deducted on a resignation benefit of R1013000

TaxTim says:
8 February 2016 at 12:23

Is this a resignation from a retirement fund? (i.e. Pension, Provident or RA)

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

Blog Categories

Salary / IRP5 (4,699 posts)
Independent Contractor (992 posts)
Provisional Tax (665 posts)
Medical (967 posts)
Capital Gains (408 posts)
Donations (246 posts)
Deductions (3,815 posts)
Commission (1,053 posts)
Rental Income (967 posts)
Retirement (1,042 posts)
Dividends (1,044 posts)
Depreciation / Wear and Tear (350 posts)
Penalties (780 posts)
Travel Allowance (771 posts)
Audit / Verification (2,666 posts)
Tax Threshold (496 posts)
Foreign employment income (202 posts)
SARS & eFiling (2,102 posts)
Company Tax (1 posts)
Foreign Investment (1 posts)
PAYE & UIF (44 posts)
Source Code (2 posts)
Foreign Income (1 posts)
TaxTim in the Media (1 posts)
Tax Tables (3 posts)
Financial Literacy Series (3 posts)
Cryptocurrency (3 posts)
Auto-Assessments (1 posts)

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.