FancyFace says: 7 November 2015 at 21:57 Im unemployed I recently got divorced and I received R544 888. 90 as a settlement before tax deductions and after deductions it was R456 000 was I overtaxed or was it alright? |
TaxTim says: 8 November 2015 at 16:40 Did the amount come from a retirement/pension fund? |
FancyFace says: 8 November 2015 at 18:43 It came from Pension Fund |
TaxTim says: 9 November 2015 at 7:56 That is the correct amount taken off for tax. Please have a look at our Lump sum calculator to confirm. |