What is my tax liability on my pension fund resignation benefit? how do I calculate this on TaxTim?

By Marc Sevitz · Updated

Pena

Pena said:
29 May 2015 at 11:00

I would like to find out how much tax will I be liable for when I cash my pension fund once I resign. The resignation benefit is currently R352 026. How do I calculate this on your website?
TaxTim Marc

TaxTim Marc said:
29 May 2015 at 12:15

You can make use of our Lump sum calculator to work out the taxes that will be payable to SARS.