Tax on monthly fixed deposit income

By Nicci Courtney-Clarke · Updated

HEMA

HEMA said:
1 March 2016 at 14:09

I receive a monthly income from a fixed deposit of R10 605. I am 44 years old and i am unemployed. i live off my fixed deposit. Please calculate how much tax I would have to pay on my investment
TaxTim Nicci

TaxTim Nicci said:
2 March 2016 at 9:45

Please make use of our SARS income tax calculator to work out your tax payable.