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How do I determine my annual RA contribution?

Posted 25 June 2015 under Tax Q&A


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Jim says:
20 June 2015 at 16:26

If I started two RAs last year, one in Aug (R1000) and the other in Nov (R1000), what should I enter as my monthly/annual RA contribution total since neither was for the full 12 months?

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TaxTim TaxTim says:
21 June 2015 at 17:51

You would enter the total amount spent on the RA contribution during March 2014 and February 2015 regardless of you not have been contributing for the full period.


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