How much tax will be deducted from my lumpsum payout.By Marc Sevitz · Updated 25 September 2014My resignation benefit is R265341,how much of this will I get out after tax has been deducted? TaxTim Marc said:30 September 2014 at 20:51Is it a severance package or your final pay amount or a lumpsum?Curious said:1 October 2014 at 7:20It is a lumpsum Pension Payout.TaxTim Marc said:2 October 2014 at 8:10Please make use of our Lump sum calculatorSalary / IRP5DeductionsRetirement
My resignation benefit is R265341,how much of this will I get out after tax has been deducted? TaxTim Marc said:30 September 2014 at 20:51Is it a severance package or your final pay amount or a lumpsum?Curious said:1 October 2014 at 7:20It is a lumpsum Pension Payout.TaxTim Marc said:2 October 2014 at 8:10Please make use of our Lump sum calculator
