Tax at retrenchment

By Evan Robinson · Updated

Ignoramus

Ignoramus said:
22 July 2015 at 17:18

I'm being retrenched and will be receiving a lump sum from my Provident fund and my pension fund. How do I get taxed on that? My monthly income is R25 000.00 gross.
TaxTim Evan

TaxTim Evan said:
22 July 2015 at 17:19

Please make use of our Lump sum calculator to see what the tax on the lumpsum is.