Tax deduction on R911 968 pension benefit should I resign?

By Marc Sevitz · Updated

Ntokozo

Ntokozo said:
15 June 2015 at 12:09

I am planning to resign with effect from 1 June 2016. Currently my pension fund benefits stands a R911968. 00. How much tax will I pay?
TaxTim Marc

TaxTim Marc said:
15 June 2015 at 14:55

Please make use of our Lump sum calculator in order to work out what the tax will be.