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Tax payable on retrenchment for person below age 55 years

Posted 14 April 2016

Confused said:
14 April 2016 at 8:51

I am below 55 years of age and am being retrenched. My Lumpsum is R519,000-00 what is my tax payable

TaxTim Nicci said:
14 April 2016 at 9:20

Please make use of our Lump sum calculator to work out what your tax amount would be.

This entry was posted in Tax Q&A and tagged Retirement. Bookmark the permalink.

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