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Taxable amount on R1 950 000 pension lump sum

Posted 15 April 2016

Stacy said:
14 April 2016 at 17:27

My pension when I resign is R1 950 000. How much tax I'm going to pay?

TaxTim Alicia TaxTim Alicia said:
15 April 2016 at 10:26

Please make use of our Lump sum calculator to work out tax on your pension if you decide to withdraw it when resigning prior to retirement age off 55 years.

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