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What is the non-taxable amount in respect of interest received in 2015/2016?

Posted 6 April 2015

PePePep said:
31 March 2015 at 10:44

What is the non-taxable amount in respect of interest received in 2015/2016?

TaxTim Marc said:
1 April 2015 at 10:15

The amount for under 65 year olds is R23 800 per year and R34 500 for those over 65 years of age.

PePePep said:
1 April 2015 at 16:34

Thank you.

TaxTim Marc said:
2 April 2015 at 16:35

Only a pleasure!

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

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