How much tax will I pay on R500 000 pension I m 42 years old?

By Marc Sevitz · Updated

Nkwana

Nkwana said:
29 June 2015 at 17:15

I am 42 and I worked for 8 years in the public service I m expecting a resignation pension of about R500 000, 00 (five hundred thousand). How much tax will I pay?
TaxTim Marc

TaxTim Marc said:
29 June 2015 at 21:56

Please make us of our Lump sum calculator for a general idea of what your payout after tax will be.