Will I pay 18% and 36% for lump sum of 542000. Or only 18% tax?

By Marc Sevitz · Updated

Dewi

Dewi said:
24 April 2015 at 21:44

On resignation from goverment. Will I be taxed 18% after 25000 and 36% if remainder exceed 393000 when my lump sum is 542000
TaxTim Marc

TaxTim Marc said:
28 April 2015 at 9:04

Please make use of our Lump sum calculator to work out how much tax you should be paying on a lumpsum.