Am I eligible for 2nd one third tax free payment?

By Nicci Courtney-Clarke · Updated

Hanny

Hanny said:
29 January 2016 at 17:45

I was retrenched at age 54. One third tax free amount paid out to me. Started working again for another company after 4years. A contribution towards a provident fund was paid in by new company when I started work again after 4years. I am now 69 years of age and retire by end March 2016. Will I be entitled for another one third tax free payment?
TaxTim Nicci

TaxTim Nicci said:
29 January 2016 at 19:15

Provident Fund payments you will be entitled to take the full amount out.