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Retirement tax free?

Posted 25 June 2015

Stu said:
19 June 2015 at 14:33

I retired in 2012 when the tax free tables for retirement was at 315 000 I now have a retirement annuity that matures in 2015. The 2015 tax tables say that I should have an additional 185000 available to me? is this true?

TaxTim Marc TaxTim Marc said:
21 June 2015 at 17:58

If you did not withdraw the amount on retirement and left it in the fund then yes this will be applicable to you.

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