FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


I am married in community of property, how will I be taxed on an investment?

Posted 3 June 2016

Sam says:
2 June 2016 at 20:38

How will I be taxed as I am now retired an have invested the money and draw monthly interest we are married COP monthly 13k

TaxTim TaxTim says:
3 June 2016 at 15:23

You would be taxed on your share of the interest being R6 500. The first annual amount of R34 500 is tax free if you are over the age of 65 and thereafter a further amount will be tax free. Please make use of our Tax refund calculator

This entry was posted in Tax Q&A and tagged , , , , , , . Bookmark the permalink.




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.