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


What is tax rate for RI on 17,000.00 on early withdrawal?



If I am taking out my pension as a cash out as of 4/1/14 and I am 39 years old what will the tax rate be on 17,000.00?

TaxTim TaxTim says:
18 December 2013 at 10:15

There won't be any tax as it below the cash free portion of R22 500.

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




Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

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.