Calculate how much tax you will pay when you retire and withdraw a lump sum from your Pension or Provident Fund
Calculate how much tax you will pay when you resign or withdraw before retirement (age 55) a lump sum from your RA, Pension- or Provident Fund
How is the tax calculated
Full amount can be taken.
Z=Tax free amount
D= Total tax free received from other funds
E = Previously disallowed own contributions.
R30 000 less tax free lump sums previously received. Provided that :