FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


What is the taxation on the gratuity lump sum and on the annuity for medical retirement-GEPF?

Posted 28 October 2015

AK said:
27 October 2015 at 11:43

I belong to GEPF and was medically boarded. What is the taxation on the gratuity lump sum and on the annuity?

TaxTim Marc TaxTim Marc said:
28 October 2015 at 6:44

The lumpsum received, is this from the pension fund or part of a disability payment?

AK said:
28 October 2015 at 10:25

Yes from government employees pension fund.

TaxTim Marc TaxTim Marc said:
28 October 2015 at 21:24

The annuity will be taxed similar to normal income earned. The lumpsum will be subject to tax based on the Lump sum calculator

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





Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.