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What is the tax rate for pensioners above 72 years with a pension income of R 200 000 per annum?

Posted 6 March 2016

Musa says:
5 March 2016 at 19:57

My mother is a pensioner with a pension income of R 200 000 per annum. Is she supposed to pay tax on pension money?

TaxTim TaxTim says:
6 March 2016 at 18:18

Yes she will be paying tax, please make use of our SARS income tax calculator to work out how much tax is owing.

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