PAYE on retrenchment.

By Marc Sevitz · Updated

Blondi

Blondi said:
18 September 2015 at 12:32

Do you deduct PAYE when an employee is being offered a retrenchment package.
TaxTim Marc

TaxTim Marc said:
20 September 2015 at 15:52

Are you referring to the retrenchment package or his remaining salary?
Blondi

Blondi said:
21 September 2015 at 8:34

The retrenchment package....thank you.
TaxTim Marc

TaxTim Marc said:
23 September 2015 at 17:57

The package would be subject to the tax tables as per the Lump sum calculator which you can use to work out the tax.