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Interest Exemption Amount

February 17, 2017

The interest exemption is the amount of interest that can be earned by an individual per tax year before that interest becomes taxable.

From (and including) tax year ending 28 Feb 2015 to-date:
1.) Individuals (below 65 years of age) – R 23,800
2.) Individuals (older than 65 years of age) – R 34,500