How much post-tax funds will I have after retrenchment?

By Evan Robinson · Updated 29 July 2015

Concerned said:
30 June 2015 at 9:37

How much tax will I pay on R1,030,935 severance package due to retrenchment? This excludes my provident fund, which I will move to a preservation fund or RA.

TaxTim Evan said:
30 June 2015 at 10:04

Please make use of our Lump sum calculator to work out the tax owing to SARS.

Salary / IRP5

Retirement