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Tax on R1,132,179.00 lump sum

Posted 21 July 2015

LC says:
20 July 2015 at 11:14

I am going on early retirement. I am 63 yrs old. My lumpsum is R1,132,179.00 How much tax will I pay?

TaxTim TaxTim says:
20 July 2015 at 11:52

Please make us of our Lump Sum Calculator to work out how much tax you will pay:

Lump sum calculator

LC says:
20 July 2015 at 13:08

Thanks Tim,
More or less what I expected.

TaxTim TaxTim says:
20 July 2015 at 16:12

Only a pleasure - glad we could assist!

LC says:
21 July 2015 at 6:43

Very good response. Thanks

TaxTim TaxTim says:
21 July 2015 at 10:31

We appreciate the positive feedback :)

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