I am 64 years old, what is the taxable threshhold for a tax year?By Marc Sevitz · Updated 25 September 2012How much money can I earn in a year before I will be taxed by SARS? TaxTim Marc said:15 September 2012 at 10:20The tax threshold for under 65 for the 2013 tax year of assessment is R63 556. Any amounts over that to R160 000 will be taxed at 18%Salary / IRP5RetirementAudit / VerificationTax Threshold
How much money can I earn in a year before I will be taxed by SARS? TaxTim Marc said:15 September 2012 at 10:20The tax threshold for under 65 for the 2013 tax year of assessment is R63 556. Any amounts over that to R160 000 will be taxed at 18%