Two Pot Withdrawal Tax by Amount, 2026/27
Figures current at 19 October 2026. Source: TradeAnswers.
Tax deducted from a savings pot withdrawal, taxpayer under 65, 2026/27| Withdrawal | Income R150,000 a year | Income R250,000 a year | Income R400,000 a year | Income R600,000 a year | Income R900,000 a year |
|---|
| R2,000 | R360 | R520 | R620 | R720 | R820 |
| R5,000 | R900 | R1,300 | R1,550 | R1,800 | R2,050 |
| R10,000 | R1,800 | R2,600 | R3,100 | R3,600 | R4,100 |
| R15,000 | R2,700 | R3,900 | R4,650 | R5,400 | R6,150 |
| R20,000 | R3,600 | R5,200 | R6,200 | R7,200 | R8,200 |
| R25,000 | R4,500 | R6,500 | R7,750 | R9,000 | R10,250 |
| R30,000 | R5,400 | R7,800 | R9,300 | R10,800 | R12,300 |
| R40,000 | R7,200 | R10,400 | R12,400 | R14,400 | R16,400 |
| R50,000 | R9,000 | R13,000 | R15,500 | R18,000 | R20,500 |
| R75,000 | R13,500 | R19,500 | R23,250 | R27,000 | R30,750 |
| R100,000 | R18,392 | R26,000 | R31,000 | R36,126 | R41,000 |
Amount you receive after tax (before the fund's administration fee)| Withdrawal | Income R150,000 a year | Income R250,000 a year | Income R400,000 a year | Income R600,000 a year | Income R900,000 a year |
|---|
| R2,000 | R1,640 | R1,480 | R1,380 | R1,280 | R1,180 |
| R5,000 | R4,100 | R3,700 | R3,450 | R3,200 | R2,950 |
| R10,000 | R8,200 | R7,400 | R6,900 | R6,400 | R5,900 |
| R15,000 | R12,300 | R11,100 | R10,350 | R9,600 | R8,850 |
| R20,000 | R16,400 | R14,800 | R13,800 | R12,800 | R11,800 |
| R25,000 | R20,500 | R18,500 | R17,250 | R16,000 | R14,750 |
| R30,000 | R24,600 | R22,200 | R20,700 | R19,200 | R17,700 |
| R40,000 | R32,800 | R29,600 | R27,600 | R25,600 | R23,600 |
| R50,000 | R41,000 | R37,000 | R34,500 | R32,000 | R29,500 |
| R75,000 | R61,500 | R55,500 | R51,750 | R48,000 | R44,250 |
| R100,000 | R81,608 | R74,000 | R69,000 | R63,874 | R59,000 |
Marginal rate and tax on a R20,000 withdrawal in each bracket| Taxable income band 2026/27 | Marginal rate | Tax on a R20,000 withdrawal | You receive |
|---|
| R0 to R245,100 | 18.0% | R0 | R20,000 |
| R245,101 to R383,100 | 26.0% | R5,200 | R14,800 |
| R383,101 to R530,200 | 31.0% | R6,200 | R13,800 |
| R530,201 to R695,800 | 36.0% | R7,200 | R12,800 |
| R695,801 to R887,000 | 39.0% | R7,800 | R12,200 |
| R887,001 to R1,878,600 | 41.0% | R8,200 | R11,800 |
| R1,878,601 and above | 45.0% | R9,000 | R11,000 |