IT3b - tax refund

By Marc Sevitz · Updated 29 June 2015

Kgaogelo

Kgaogelo said:
23 June 2015 at 11:53

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

TaxTim Marc said:
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.
Deductions
Rental Income
Retirement
Penalties
Audit / Verification
SARS & eFiling