Tax on Severance Pay?

By Marc Sevitz · Updated 21 October 2014

how do you tax Severance Payment?

TaxTim Marc said:
21 October 2014 at 23:58

What are the conditions of the payment?

Pitso said:
22 October 2014 at 6:32

Retrenchment

TaxTim Marc said:
23 October 2014 at 8:02

You would use the Lump sum calculator if it were a lumpsum. If it is part of your normal salary then it would be taxed on the normal tax tables.