What tax amount is deducted from a provident fund when retrenched?

By Marc Sevitz · Updated

Hope

Hope said:
8 June 2015 at 19:22

I have been retrenched. How much tax will I pay to withdraw from the provident fund value of R600 000
TaxTim Marc

TaxTim Marc said:
9 June 2015 at 7:43

Please make use of our Lump sum calculator to work out the taxes owing.