Tax payable on GEPF resignation.
By Nicci Courtney-Clarke · Updated
If I resign from GEPF what is the tax on R2100000? I started contributing in 1984 for 32 years.
Please make use of our Lump sum calculator to work out what your take home and tax will be.
This calculator only works for retirement not resignation from GEPF. There is apparently a tax free portion from 1984 till 1998? Were can I find this information? Should I approach SARS?
When it comes to amounts earned before 1998 as a lumpsum then it may be best to call SARS as they would need to apply a different formula to this calculation.