What is the tax amount

By Marc Sevitz · Updated

Manie

Manie said:
29 February 2016 at 8:28

I work for Government and turn 60 on 20-3-2016 and want to go on pension - what will be my best option and what will my tax be on my lump sum of R1 326 018 and monthly pension annuity of R 29 928

What will my tax be on my resignation benefit of R 4 675 300
TaxTim Marc

TaxTim Marc said:
1 March 2016 at 0:35

Please make use of our Lump sum calculator to work out the amounts. Do you have both a retirement and pension fund?