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What tax do you pay for lump sum before pension if you are retrenched?



Skapie said:
29 July 2015 at 15:14

I am getting a retrenchment package. I am under 55 what tax will I pay on my pension R300,000 if I get it paid out?

TaxTim Evan TaxTim Evan said:
29 July 2015 at 15:47

Please make use of our lumpsum calculator to work out tax you will pay:

Lump sum calculator

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