% take from tax
By Marc Sevitz · Updated
Im getting divorce, and claim 50% of my husband pension, it is in a provident fund, how much did SARS take from R140 000, please?
Please make use of our Lump sum calculator to work out what the tax will be.
Is the % on tax in a divorce case different as from a normal tax... I did phone the tax office SARS, and they told me it is 41% of the ammount
If you receive half the lumpsum portion from a divorce relating to a pension fund then it is taxed at the lumpsum tables not at 41% which is for tax on earnings.