What is the tax threshold for provident fund payouts?

By Marc Sevitz · Updated

Malcolm

Malcolm said:
17 June 2015 at 19:40

I had 2 lump sum payouts ,company shares and provident fund pay,and I was taxed on both occasions, plus I was taxed on PAYE. I'm a bit confused. What is the tax threshold on provident fund and the shares payouts? The total for the lump sum was R200 000
TaxTim Marc

TaxTim Marc said:
17 June 2015 at 22:47

The share payout will be subject to normal PAYE along with your salary. The provident fund is subject to the tables as per our Lump sum calculator