Calculation of gross retirement funding on my IRP5?By Marc Sevitz · Updated 29 June 2015Astrid said:25 June 2015 at 9:11How is my gross retirement funding income of my IRP5 calculated if I joined the pension fund during the lat month of the tax year?TaxTim Marc said:25 June 2015 at 15:05You should have just that portion of your annual income as GRFI and the rest as GNRFI.Salary / IRP5Retirement
Astrid said:25 June 2015 at 9:11How is my gross retirement funding income of my IRP5 calculated if I joined the pension fund during the lat month of the tax year?TaxTim Marc said:25 June 2015 at 15:05You should have just that portion of your annual income as GRFI and the rest as GNRFI.