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

Posted 18 December 2013

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 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 Salary / IRP5, Retirement. Bookmark the permalink.

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