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What is my tax liability on my pension fund resignation benefit? how do I calculate this on TaxTim?

Posted 23 June 2015

Pena says:
29 May 2015 at 11:00

I would like to find out how much tax will I be liable for when I cash my pension fund once I resign. The resignation benefit is currently R352 026. How do I calculate this on your website?

TaxTim TaxTim says:
29 May 2015 at 12:15

You can make use of our Lump sum calculator to work out the taxes that will be payable to SARS.

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