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What examples of income which falls under IRP5 code 3602

Posted 4 November 2015

Natty said:
3 November 2015 at 11:35

Examples of income of a that can be classified under IRP5 code 3602

TaxTim Marc TaxTim Marc said:
4 November 2015 at 8:40

Examples include:
â%u2013« Non-taxable pension paid on a regular basis (e.g. war pension, etc.);
â%u2013« Non-taxable income of a capital nature;
â%u2013« Non-taxable arbitration award, i.e. a portion of a settlement agreement between an employer and an employee as ordered by Court or allocated via a settlement out of Court or in respect of Labour disputes;
â%u2013« Non-taxable portion (capital interest) received on an annuity purchased from a Fund; etc.

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