Want to know tax on R720 00 (lump sum) and R16200(salary)

By Marc Sevitz · Updated

Moloko

Moloko said:
10 June 2015 at 20:25

I an educator retiring early in June, who has worked for 27 years and 6 months. I want to know how much will be taxed from my lump sum payout (R720 000 ) and salary(R16200. 00)
TaxTim Marc

TaxTim Marc said:
11 June 2015 at 12:11

Please make use of our two calculators to work out the taxes on these amounts. SARS income tax calculator and Lump sum calculator