Tax on pension payout?By Marc Sevitz · Updated 21 November 2013I am thinking of resigning. My current pension stands at about R1, 375 000-00. What will the tax be on the payout? TaxTim Marc said:21 November 2013 at 8:26The tax will be R312 750 if you resign and withdraw your pension fund unless it is due to retirement.Salary / IRP5Retirement
I am thinking of resigning. My current pension stands at about R1, 375 000-00. What will the tax be on the payout? TaxTim Marc said:21 November 2013 at 8:26The tax will be R312 750 if you resign and withdraw your pension fund unless it is due to retirement.
