Tax

Interest exemption

An annual exemption on South African interest. The savings comparison records R23 800 under 65 and R34 500 from age 65 for the 2027 year of assessment.

Checked on 28 October 2026. The 25 February 2026 budget left those amounts unchanged, according to that page. Foreign interest is not automatically the same.

Reviewed 29 October 2026. This is a plain-language note, not an official definition and not personal advice.