Interest Exemption  

The interest exemption is the amount of interest that can be earned per annum before it becomes taxable.

Below a short summary of the interest exemptions for various financial years:

28 Feb 2013 (below 65 years of age)                               -  R 22,800

28 Feb 2013 - (old than 65 years of age)                        -  R 33,000 

28 Feb 2014 (below 65 years of age)                               -  R 23,800

28 Feb 2014 - (old than 65 years of age)                        -  R 34,500

28 Feb 2015 (below 65 years of age)                               -  R 23,800

28 Feb 2015 - (old than 65 years of age)                         -  R 34,500

28 Feb 2016 (below 65 years of age)                               -  R 23,800

28 Feb 2016 - (old than 65 years of age)                         -  R 34,500

28 Feb 2017 (below 65 years of age)                               -  R 23,800

28 Feb 2017 - (old than 65 years of age)                         -  R 34,500

28 Feb 2018 (below 65 years of age)                               -  R 23,800

28 Feb 2018 - (old than 65 years of age)                         -  R 34,500

28 Feb 2019 (below 65 years of age)                               -  R 23,800

28 Feb 2019 - (old than 65 years of age)                         -  R 34,500

28 Feb 2020 (below 65 years of age)                               -  R 23,800

28 Feb 2020 - (old than 65 years of age)                         -  R 34,500

Read more about the services we offer:

Company registration packages

SARS registration packages

BEE EME certificates

Employees tax (PAYE) or value added tax (VAT) registration.

Monthly bookkeeping services

Annual financial statements