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IT3b - tax refund

Posted 29 June 2015 under Tax Questions


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Kgaogelo says:
23 June 2015 at 11:53

How does IT3b from banks affect my returns especially when I have a debit interest?

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TaxTimTaxTim says:
23 June 2015 at 11:57

The interest earned from the bank over R23 800 per year for taxpayers under the age of 65 will be added to your other income and taxed as per the tax tables.


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