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Mr . Bee has been a member of the retirement annuity fund since he was employed. All his contributions were deductible against taxable income. In

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Mr. Bee has been a member of the retirement annuity fund since he was employed. All his contributions were deductible against taxable income. In November 2022, he received a retirement lump sum of R960000. Calculate tax payable on the lump sum using 2023 tax tables.
A. R120000
B. R106200
C. R82800
D. R195300
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