Was the wrong amount deducted
By Marc Sevitz · Updated
How do I calculate pension tax deduction after I received my money for 2011 according to SARS I owe them. The amount was R144817. 27 they deduct 21687. 285
Tax should be 18% on the amount above R22,500. This would equal R22,017.06 on a lumpsum of R144,817.27.