What tax do you pay for lump sum before pension if you are retrenched?By Evan Robinson · Updated 29 July 2015Skapie said:29 July 2015 at 15:14I am getting a retrenchment package. I am under 55 what tax will I pay on my pension R300,000 if I get it paid out?TaxTim Evan said:29 July 2015 at 15:47Please make use of our lumpsum calculator to work out tax you will pay:Lump sum calculatorRetirementTravel Allowance
Skapie said:29 July 2015 at 15:14I am getting a retrenchment package. I am under 55 what tax will I pay on my pension R300,000 if I get it paid out?TaxTim Evan said:29 July 2015 at 15:47Please make use of our lumpsum calculator to work out tax you will pay:Lump sum calculator