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


Tax on monthly fixed deposit income

Posted 2 March 2016

HEMA says:
1 March 2016 at 14:09

I receive a monthly income from a fixed deposit of R10 605. I am 44 years old and i am unemployed. i live off my fixed deposit. Please calculate how much tax I would have to pay on my investment

TaxTim TaxTim says:
2 March 2016 at 9:45

Please make use of our SARS income tax calculator to work out your tax payable.

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




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

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.