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What is the tax free amount for interest earnings? I am over 65.

Posted 22 August 2013

I am 66 years old - what is the tax free interest earnings amount - 2013/14 tax year. I earn a salary of R104,000 pa.

TaxTim Marc said:
23 August 2013 at 17:15

Tax free portion of interest for over 65 year old taxpayers is R34 500 per annum.

This entry was posted in Tax Q&A and tagged Salary / IRP5, Rental Income, Retirement, Penalties. Bookmark the permalink.

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