Are death benefits taxed as well?

By Evan Robinson · Updated

HEMA

HEMA said:
6 August 2015 at 7:07

Is tax paid on death benefits as well?
TaxTim Evan

TaxTim Evan said:
6 August 2015 at 15:15

Yes, they are taxable. Please make use of our Lump sum calculator to work out tax payable on a death benefit payout.