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If you get a a lump sum payment, for example as a trustee, in a form of remuneration what is the tax

Posted 17 May 2013

How is that amount taxed, e.g you get paid R500 000 as a remuneration a once off payment.

TaxTim Marc TaxTim Marc said:
17 May 2013 at 14:05

If it is for remuneration then you would be taxed as a normal taxpayer. This amount would be added to all your other income and taxed according to the tax tables.

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