TaxTim says: 3 July 2014 at 19:43 You will be taxed R180 on the lumpsum. |
Mjobino says: 3 July 2014 at 20:00 I don't understand because they say you taxed 18% of your pension if it exceed R22 500. How much percentage R180 of R26 000? |
TaxTim says: 3 July 2014 at 23:53 The first R25 000 is tax free not R22 500 for all tax years after March 2014. |
Mjobino says: 4 July 2014 at 3:01 Ok thanks. |
TaxTim says: 4 July 2014 at 11:28 Only a pleasure! |