POSTED BY November 24, 2010 1:21 pm COMMENTS (2)ON
I have resigned from a company after working for 3.6 yrs. and I was thinking of withdrawing my superannuation accumulated amount so I can invest it somewhere else and pay few debts. Will this be a good idea?
– will I be paying tax on the total SA amount while withdrawing?
– will this add up to my total yearly income and increase my tax slab?