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What is the tax on a lumpsum amount of R200 000?

Posted 11 November 2014 under Tax Questions



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What is the tax on a lumpsum amount of R200 000 if i resigned from my job and got paid from my fund?

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TaxTimTaxTim says:
11 November 2014 at 20:49

Please make use of our Lump sum calculator to work our the tax on R200 000 from retirement.

The amount will be ZERO though as you are entitled to a R500 000 exemption.


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