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What is the limit on taxable interest from investments per year?

Posted 19 November 2015

Enoryt said:
19 November 2015 at 11:02

What is the maximum amount of interest I can receive on my investments for a year, before I begin to be taxed? I am not married. I have a Fixed Deposit and I receive rental income.

TaxTim Marc TaxTim Marc said:
19 November 2015 at 11:03

If you are under the age of 65 then it is R23 800 per year and R34 500 if you are over 65.

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