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Lump sum on IRP6

Posted 14 February 2017

Ivan says:
13 February 2017 at 13:48

Am I supposed to include my pension lump sum on my IRP6?
Also, how should this income be reflected on the annual income tax return?

TaxTim TaxTim says:
14 February 2017 at 9:53

Kindly exclude the lump sum amount and the tax amount from your IRP6.
This income will be under your IRP5 section on your annual tax return as a separate IRP5 with any tax that you might have paid already.

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