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


Will I pay 18% and 36% for lump sum of 542000. Or only 18% tax?

Posted 11 May 2015

Dewi says:
24 April 2015 at 21:44

On resignation from goverment. Will I be taxed 18% after 25000 and 36% if remainder exceed 393000 when my lump sum is 542000

TaxTim TaxTim says:
28 April 2015 at 9:04

Please make use of our Lump sum calculator to work out how much tax you should be paying on a lumpsum.

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




Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

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.