4 October 2012 at 20:50
RAF is limited to the greater of 15% of your salary or R1 750 (assuming no pension fund), however these are always limited to actual contributions. So in your case this would be limited to R1 200 *12 = R14 400. Assuming you do not contribute to a pension fund then the figure you would use for the calculation would be the actual salary amount. However it would appear from your figures that you will be limited to the R14 400.