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Timing of additional tax rebate on attaining age 65, how does it get calculated?

Posted 24 January 2013 under Tax Q&A


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I turn age 65 in August this year. Will I receive the additional "over 65" tax rebate (currently R 6 390) for the full 2013/14 tax year or will this be pro-rated from the month after I turn 65 (ie September 2013)?

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TaxTim TaxTim says:
24 January 2013 at 20:02

As long as you have turned the age of 65 by the last day of the tax year - so February 28 2014 you will be entitled to the secondary rebate.

Curious says:
24 January 2013 at 20:14

Many thanks Tim - your prompt response is much appreciated.

TaxTim TaxTim says:
28 January 2013 at 11:05

Only a pleasure! Glad I could be of assistance!


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