What is the tax free amount for interest earnings? I am over 65.By Marc Sevitz · Updated 22 August 2013I am 66 years old - what is the tax free interest earnings amount - 2013/14 tax year. I earn a salary of R104,000 pa. TaxTim Marc said:23 August 2013 at 17:15Tax free portion of interest for over 65 year old taxpayers is R34 500 per annum.Salary / IRP5Rental IncomeRetirementPenalties
I am 66 years old - what is the tax free interest earnings amount - 2013/14 tax year. I earn a salary of R104,000 pa. TaxTim Marc said:23 August 2013 at 17:15Tax free portion of interest for over 65 year old taxpayers is R34 500 per annum.