All the tax etc I must pay on the R95000 from my unnity

By Marc Sevitz · Updated

Nikki

Nikki said:
3 March 2016 at 18:28

I want to cash in my Retirement uinity policy Why is it neccesary to give my annual gross numeration
on the form I am 58 years old My policy amount is R95000 How much tax etc, must I pay over to SARS
Thank you
TaxTim Marc

TaxTim Marc said:
4 March 2016 at 13:10

Please use our Lump sum calculator to work out taxes payable on withdrawing from your retirement policy.