Page 22 - P6 Slide Taxation - Lecture Day 6 - Retirement Benefits Lump Sums
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12.3.2 Retirement fund lump sum withdrawal benefits
• What is this? [Definition, par 2(1)(b) of the Second Schedule]
Pre-retirement lump sums
Divorce Transfer Other cases (e.g.
betweeen funds withdrawal)
Deduction: Deduction: Deduction:
Par 6(1)(a) Par 6(1)(a) Par 6(1)(b)
Withdraw benefit from…. …and transfer to
PF PF; PPF; RAF See the
following
PPF PF; PPF; RAF
slide
PrF PF; PPF; PrF; PrPF; RAF
PrPF PPF; PrF; PrPF; RAF
RAF RAF
