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Timmy said: 2 February 2016 at 7:29 I have two preserve policies with liberty which have matured. I want to take the total out as a lump sum. What tax will I pay the values are R 452027 650610 ===R 1 102637 |
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TaxTim Marc said: 2 February 2016 at 11:02 Are these retirement policies? (i.e. pension, provident or Retirement Annuities) |
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Timmy said: 2 February 2016 at 11:28 These are provident funds that paid out when I left the companies. But instead of drawing the funds when I left I put them into preserve funds with liberty. |
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TaxTim Marc said: 2 February 2016 at 21:14 Please make use of our Lump sum calculator to work out the tax payable. |
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