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Tax payable on Preservation Provident Fund before retirement

Posted 12 April 2016 under Tax Questions

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Angelo says:
12 April 2016 at 12:09

Hi. If I have a Preservation Provident Fund ( -R1 444 594) and wish to do a once-off withdrawal of R580 000. 00. What will my tax liability be?

Born 1963.

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TaxTimTaxTim says:
12 April 2016 at 12:49

Please make use of our Lump sum calculator to work out tax due prior to retirement at age 55.


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