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What will be the total tax payable to SARS?

Posted 20 October 2014

It would be appreciated if you can advise what will be the total tax payable to SARS. My age is 56 and I go on early retirement in oct 2014.

Provident lump sum is R940 000
My contributions to the PF is R260 000

TaxTim TaxTim says:
20 October 2014 at 19:38

The tax should be R14400

Delon says:
21 October 2014 at 7:22

Dear Tax Tim

Thanks for your prompt response. It is greatly appreciated.

Kind Regards
Moses

TaxTim TaxTim says:
21 October 2014 at 14:21

Only a pleasure!

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