Hannes says: 20 January 2016 at 11:43 Hi Tim me and my wife got divorced last year and she is going to get her 50% of my pension fund,she is 62 years old what percentage would they tax her on? |
TaxTim says: 20 January 2016 at 12:31 Please make use of our Lump sum calculator to work out tax payable on the pension. |
Hannes says: 20 January 2016 at 13:39 Tim thanks for the reply so this is how she will be taxed on her portion of 50%,and the fact that she is a pensioner? |
TaxTim says: 20 January 2016 at 21:00 Yes correct - there are special tax tables for retirement fund lumpsums. These are different to the normal tax tables for individuals. |