FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


IT3b - tax refund

Posted 29 June 2015

Kgaogelo says:
23 June 2015 at 11:53

How does IT3b from banks affect my returns especially when I have a debit interest?

TaxTim TaxTim says:
23 June 2015 at 11:57

The interest earned from the bank over R23 800 per year for taxpayers under the age of 65 will be added to your other income and taxed as per the tax tables.

This entry was posted in Tax Q&A and tagged , , , , , . Bookmark the permalink.




Submit your tax return right here!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.