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Will I pay 18% and 36% for lump sum of 542000. Or only 18% tax?

Posted 11 May 2015 under Tax Questions



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Dewi says:
24 April 2015 at 21:44

On resignation from goverment. Will I be taxed 18% after 25000 and 36% if remainder exceed 393000 when my lump sum is 542000

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TaxTimTaxTim says:
28 April 2015 at 9:04

Please make use of our Lump sum calculator to work out how much tax you should be paying on a lumpsum.


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