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Is the R3 700 exemption for foreign dividends and interest still available for 2013 tax year?
Posted 5 July 2013
Over 65's have an exemption of R33000 on local interest earned. A portion of this exemption (R3 700) was allowed for foreign dividends and foreign interest in 2012 tax year. I am not sure if this still available in the 2013 tax year?
TaxTim Marc said: 8 July 2013 at 13:43
It is yes, but SARS will calculate this for you after you have entered the relevant information onto the return.